Mar 312023
 
 March 31, 2023  Posted by at 9:12 am Finance Tagged with: , , , , , , , , , ,  27 Responses »


Pablo Picasso Dora Maar au chat 1941

 

NYT: Donald Trump Has Been Indicted (Techno Fog)
The Impact of Sanctions on the De-Dollarization of Int’l Trade (Gonzalo Lira)
Saudi Arabia Makes Move Towards Russia-China Bloc (RT)
Brazil and China Sign Pact To Abandon Dollar (RT)
Russia, China Have To Take Measures To Protect Relations – Zakharova (TASS)
Beijing Demands That US Stop Provoking China (TASS)
Senior Orthodox Bishop Invokes Woe On Zelensky (RT)
Kiev Demands Cut Of Western ‘War Profits’ – Politico (RT)
Kuleba: If US Stops Supporting Ukraine, World Order Will Collapse (Az.)
Ukraine’s Military Losing 500 Troops Daily Near Bakhmut – LPR (TASS)
Russian General Staff Says No Plans To Hold Second Wave Of Mobilization (TASS)
Russian Central Bank Reveals How It Braced For Western Dollar Grab (RT)
London Totally Ruined Architecture Of Relations With Moscow – Ambassador (TASS)
The Most Dangerous International Treaty Ever Proposed (Kingsley)
Guide to Understanding the Hoax of the Century (Siegel)

 

 

 

 

 

 

PCR

Hoeg

 

 

 

 

Jordan Peterson

 

 

 

 

 

 

 

 

 

 

 

 

How much longer will the States remain United?

NYT: Donald Trump Has Been Indicted (Techno Fog)

Breaking news from the New York Times today: “A Manhattan grand jury voted to indict Donald J. Trump on Thursday for his role in paying hush money to a porn star, according to four people with knowledge of the matter, a historic development that will shake up the 2024 presidential race and forever mark him as the nation’s first former president to face criminal charges. The felony indictment, filed under seal by the Manhattan district attorney’s office, will likely be announced in the coming days. By then, prosecutors working for the district attorney, Alvin L. Bragg, will have asked Mr. Trump to surrender and to face arraignment on charges that remain unknown for now.”


A felony indictment. We’ll have more information and more analysis after the indictment is unsealed. But as we stated yesterday regarding the reported “delays” and the potential charges: “In New York, the falsification of business records is a misdemeanor that is subject to a two-year statute of limitations. Bragg, however, is supposedly pursuing felony charges against Trump for falsifying business records to conceal federal campaign finance violations. The felony has a five-year statute of limitations, one which Bragg can manipulate to perhaps apply to Trump.” The indictment is an absolute scandal, the banana republic on parade, the prosecutor using the weapons of his office to attack his political opponent.

Whitlock

Bragg and his predecessor’s slow-walking of the investigation, with its inception by Manhattan DA goes back to 2019, evidences both the dubious nature of the case against Trump and the political motivations for prosecuting Trump. Theoretically, this should be a simple case. Yet the investigation went on for nearly five years, despite what they’ve possessed: overzealous prosecutors who wanted to charge Trump with racketeering, the cooperating witnesses, the likely millions of pages of materials from the Trump Organization. Now suddenly, the insanely pro-criminal Manhattan DA, who demanded his prosecutors reduce charges for violent criminals, is prioritizing law and order. It’s hard to believe there are legitimate reasons – for prosecutors, that means seeking justice – for that transformation. Why bring the case now? It’s the start of the 2024 presidential campaign season.


[..] Don’t be surprised if the trial date is set for the first half of 2024. And don’t understate the danger to Trump, who will face a jury of Biden voters. Biden won Manhattan 86.7% to 12.3% according to the New York Times. The jury of Trump’s peers will be friendly to the prosecution. That’s all the Manhattan DA might need to secure a conviction. Trump could very well win on appeal but the damage – which carries national repercussions – might already have been done. And that’s the whole point of this dirty scheme.

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Twitter thread. Russian sanctions drive countries away from the dollar.

The Impact of Sanctions on the De-Dollarization of Int’l Trade (Gonzalo Lira)

The Russian sanctions have caused a worldwide de-dollarization, as countries are unable to use dollars to buy essential commodities from Russia. This has led to countries signing treaties to trade in yuan, as it is a more reliable currency. This de-dollarization has caused a decrease in demand for dollars overseas, leading to American domestic inflation and an inability to continue piling on debt, which will ultimately lead to dollar hyperinflation. Why are so many countries all of a sudden turning to the yuan to buy their essential commodities? Why is the world de-dollarizing so quickly? Simple — the Russian sanctions.

Russia is the biggest single commodity producer in the world — they have oil AND gas AND agro AND minerals AND anything else. But because of the sanctions, Russia CANNOT take dollars (or euros) for sales of their commodities. First, the sanctions disconnected Russia from SWIFT, meaning Russians can’t pay for things they would want to buy with dollars. So why would Russia take dollars for their commodities — if they can’t buy stuff with those dollars. Plus their dollar assets get confiscated in the West. So why hold dollars, and dollar assets to park them in, if they will be stolen? So because of sanctions, Russia has been FORCED to de-dollarize. Russia didn’t want to de-dollarize — they were obliged. By the West. But Russia still has to trade, because it still has to acquire things it cannot produce at home, and still has a surplus of commodities with which to acquire these foreign goods.

Apart from the West, Russia’s major trading partners are China and India. So it makes sense for Russia to sell its commodities in yuan and rupees: Sell oil/agro/gas in yuan, and buy Chinese goods with those yuan. Same with India. But why are OTHER countries signing treaties to trade in yuan, like France and Brazil in the last few days? They’re getting ahead of the curve. As more commodities trading takes place in yuan and rupees, the more demand for those currencies. Hence it becomes smart to cut a deal with China NOW — to fix an exchange rate of yuan. In essence, these deals are longs on the yuan. The effect is, these trade deals eventually lead to more de-dollarization—which becomes a self-reinforcing cycle, as dollars become less valuable (because they can buy less commodities) so more countries want yuan, leading to more de-dollarization, leading to a weaker dollar.

All this leads to the collapse of the dollar into hyperinflation. The dollar was valuable BECAUSE it was the currency in international commodities trade, which created the demand for dollars and dollar assets outside the US — thereby financing the enormous American debts. With trade de-dollarization, there’s no longer as much demand for dollars overseas, leading to American domestic inflation and an inability to continue piling on debt. Ultimately, the Federal Reserve will be forced to simply print — which will lead to dollar hyperinflation. BTW, Russia didn’t cause this. The sanctions which triggered this worldwide de-dollarization was just the final straw. It didn’t help that American leadership seems capricious and hysterical, making other countries very nervous that they might be sanctioned too.

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Minister of Foreign Affairs of South Africa, Naledi Pandor: “Saudi Arabia, United Arab Emirates, Egypt, Algeria, Argentina, Mexico and Nigeria want to join BRICS.”

Saudi Arabia Makes Move Towards Russia-China Bloc (RT)

King Salman bin Abdulaziz Al Saud has signed the documents granting Saudi Arabia the status of “dialog partner” with the Shanghai Cooperation Organization (SCO) – the political, economic and security bloc currently chaired by China. The king signed off on the memorandum of understanding at the cabinet meeting on Tuesday, held at the al-Salam Palace in Jeddah, the Saudi Press Agency reported. In addition to formalizing the partnership, King Salman also approved the technical and vocational training with China. Crown Prince Mohammed bin Salman thanked Beijing for mediating the talks with Iran, which culminated in the re-establishment of “good neighborly relations” earlier this month. The Saudi state agency also said that Iran was set to join the bloc “soon.” Tehran had applied for membership in 2021.


The SCO was created in 2001 by Russia, China, Kazakhstan, Kyrgyzstan, and Tajikistan. It has since expanded to India, Uzbekistan, and Pakistan as full members. The status of dialog partner was created in 2008, and includes Armenia, Azerbaijan, Cambodia, Egypt, Nepal, Qatar, Sri Lanka and Türkiye. The bloc initially focused on security concerns, primarily terrorism, separatism and extremism. It has an agreement with the Collective Security Treaty Organization (CSTO) on jointly addressing security, crime and drug trafficking. Over the years, it began fostering cooperation in matters of trade, economics, and culture as well. In addition to taking a step closer to the SCO, Saudi Arabia is reportedly interested in joining the BRICS group – Brazil, Russia, India, China and South Africa – Russia’s ambassador to the kingdom, Sergey Kozlov, said in February.

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“25 countries are already making settlements with China in yuan.”

Brazil and China Sign Pact To Abandon Dollar (RT)

Beijing and Brasilia have signed an agreement on trade in mutual currencies, abandoning the US dollar as an intermediary, and are also planning to expand cooperation in the field of food and minerals. According to media reports, the deal will enable the two BRICS members to conduct their massive trade and financial transactions directly, exchanging renminbi for real and vice versa instead of using the greenback for settlements. “The expectation is that this will reduce costs… promote even greater bilateral trade and facilitate investment,” AFP quoted the Brazilian Trade and Investment Promotion Agency as saying on Wednesday. The countries also reportedly announced the creation of a clearinghouse that will provide settlements without the use of the US dollar, as well as lending in national currencies.


The move is aimed at facilitating and reducing the cost of transactions between the sides, and getting rid of dollar dependence in bilateral relations. The People’s Bank of China (PBOC) announced earlier that such arrangements will boost the usage of the renminbi for cross-border transactions between enterprises and financial institutions in the two countries, and further facilitate bilateral trade and investment. China has been Brazil’s largest trading partner for more than a decade, with bilateral trade hitting a record $150 billion last year. According to the Secretary for International Affairs at the Ministry of Finance of Brazil, Tatiana Rosito, 25 countries are already making settlements with China in yuan.

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“..both sides view the strengthening of relations as a “natural process,..

Russia, China Have To Take Measures To Protect Relations – Zakharova (TASS)

Moscow and Beijing have to take adequate measures in current geopolitical circumstances in order to protect their multifaceted cooperation from the harmful effect of illegal unilateral sanctions, Russian Foreign Ministry Spokeswoman Maria Zakharova said during a briefing Thursday. “In current geopolitical circumstances, Moscow and Beijing have to take adequate measures in order to protect the positive groundwork of multifaceted cooperation, which took many years to accumulate, from the harmful effect of illegal unilateral sanctions,” the diplomat noted.


Meanwhile, the spokeswoman underscored, both sides view the strengthening of relations as a “natural process,” defined by long-standing ties and geographical proximity. “Unlike the westerners, we seek to build cooperation with external partners exclusively based on principles of equality, mutual consideration of each other’s interests, instead of building some coalition or some exclusive clubs with an ‘anti-‘ prefix,” Zakharova noted.

Lavrov

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“The Chinese People’s Liberation Army will take all necessary measures to protect national sovereignty and security and will resolutely defend peace and stability in the South China Sea..”

Beijing Demands That US Stop Provoking China (TASS)

The US Armed Forces must stop provoking China in the South China Sea, otherwise they will bear responsibility for any potential incidents, Chinese Defense Ministry Spokesman Tan Kefei warned on Thursday. The comment was Tan’s response to a US Navy vessel that allegedly sailed near the China-controlled Paracel Islands in the South China Sea. “We sternly demand that the United States immediately stop such provocations, otherwise it will bear full responsibility for all the serious consequences of their causing a potential incident,” the Chinese Defense Ministry quoted him as saying on WeChat. “The Chinese People’s Liberation Army will take all necessary measures to protect national sovereignty and security and will resolutely defend peace and stability in the South China Sea,” Tan assured.


The Arleigh Burke-class guided-missile destroyer USS Milius passed near the Paracel Islands last Friday. China’s top brass claimed that the US warship did this without the Chinese government’s permission and had violated China’s sovereignty. The US 7th Fleet replied by saying in a news release that the US destroyer had acted in line with international law, while conducting a freedom of navigation operation (FONOP). Beijing has disputed the territorial jurisdiction of some islands in the South China Sea where large hydrocarbon reserves were found with Brunei, Vietnam, Malaysia. The most disputed territories are the Xisha Islands, also known as the Paracel Islands, the Nansha or Spratly Islands and Huangyan Island (Scarborough Reef).

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“You’ll disappear like dew in the sun, because all who take up the sword will perish by the sword..”

Senior Orthodox Bishop Invokes Woe On Zelensky (RT)

A senior bishop in the Ukrainian Orthodox Church (UOC) has issued a strongly-worded rebuke to President Vladimir Zelensky over his role in a crackdown that the country’s largest religious denomination is currently facing. “I am telling you, Mr President, and your entire pack, that our tears will not fall to the ground, but on your head,” Metropolitan Pavel said in a video address on Wednesday. “You think today that after taking power on our backs, [based] on our wishes, you can treat us like that. Our Lord will not forgive this action, neither to you nor to your family,” the bishop warned. Pavel heads the Kiev Pechersk Lavra, the largest Orthodox monastery in the country. The Ukrainian ministry of culture denied the UOC a renewal of tenancy in the property, which means that some 220 monks living there would be “kicked out to the streets,” as Pavel described it.

The deadline for the expulsion comes this week. The bishop blasted the president for refusing to meet senior UOC clerics to discuss the situation. This was particularly hypocritical, he remarked, considering that, as a presidential candidate, Zelensky had sought and received the blessing to run for office from Metropolitan Onufry, the Church leader. “You have failed to stop the culture minister, who is possessed by hateful malice and devilish fury. This means he is acting with your permission; Woe to you, have fear,”the bishop said. The minister, Aleksandr Tkachenko, has said that UOC monks could stay at Lavra if they agreed to defect to the Orthodox Church of Ukraine (OCU), a rival schismatic organization backed by Kiev.

The OCU received recognition as a legitimate church in 2019 from the Constantinople Patriarchate, causing a major schism among the Orthodox faithful of the world. Metropolitan Pavel has also accused Patriarch Bartholomew of Constantinople of having given impetus to the crackdown with this move. “Woe and shame on you, so-called patriarch [Bartholomew], because everything done today is done with your ill-fated and evil blessing,” he said. The bishop also likened the current detractors of the UOC to the Bolshevik and communist leaders, who’d cracked down on all religions when they were in power. He expressed faith that his church will survive the new period of suppression, just like it had the previous one. “You’ll disappear like dew in the sun, because all who take up the sword will perish by the sword,” he said, quoting in the same sentence from the Ukrainian national anthem and from the Gospels.

Pavel

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“..the record profits had been achieved purely because of the conflict in his country..”

Kiev Demands Cut Of Western ‘War Profits’ – Politico (RT)

Major oil companies have made record profits as a result of the conflict in Ukraine and should pay to rebuild the country’s war-torn infrastructure, Ukrainian Minister of Energy German Galushchenko said on Wednesday in an interview with Politico. According to Galushchenko, oil and gas majors have generated windfall profits of more than $200 billion due to wild swings in global energy prices, and should transfer some of those funds to Ukraine. Western sanctions imposed on Russia over the past year in response to Moscow’s military operation in Ukraine have sent energy prices soaring. In 2022, oil majors Shell, BP, Exxon Mobil, Chevron, and TotalEnergies posted a combined profit of $196.3 billion, marking an all-time high for the industry.


“I think it would be fair to share this money with Ukraine. I mean, to help us to restore, to rebuild the energy sector,” Galushchenko said on a visit to Brussels, adding that the record profits had been achieved purely because of the conflict in his country. According to the latest assessment by the Ukrainian government, the World Bank, the European Commission, and the UN, the estimated cost of the country’s reconstruction and recovery will be over $400 billion. The Ukrainian energy minister also called on the West to take further steps to plug sanctions loopholes that allow Russian energy producers to continue exports.

IAEA

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And the sun will stop shining too. Insert biblical reference.

Kuleba: If US Stops Supporting Ukraine, World Order Will Collapse (Az.)

If support for Ukraine does not continue after the US presidential elections next year, world order and security will collapse, said the Minister of Foreign Affairs of Ukraine, Dmytro Kuleba, Report informs via RBC-Ukraine. He said the matter is not only about the fate of Ukraine: “We must also consider international security. If the support for Ukraine stops, the countries will know that they can invade the neighboring country. If so, world security will collapse.”

Austria

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“It continues replenishing the losses that the Ukrainian army is suffering..”

Ukraine’s Military Losing 500 Troops Daily Near Bakhmut – LPR (TASS)

The Ukrainian military is daily losing 500 fighters in the area of Artyomovsk (called Bakhmut in Ukraine), Lugansk People’s Republic (LPR) people’s militia retired Lieutenant-Colonel Andrey Marochko said on Thursday. “In my estimates, about 500 personnel daily [as casualties] there [in the Artyomovsk area]. These are both sanitary and irretrievable losses,” the retired officer said in a live broadcast on Komsomolskaya Pravda radio. The Ukrainian military experiences a shortage of fighters due to huge casualties and continues replenishing its troops, Marochko said. “It continues replenishing the losses that the Ukrainian army is suffering,” the retired officer said. Marochko told TASS on March 27 that the Ukrainian military had lost as many as 1,500 soldiers in battles with Russian forces in the Artyomovsk area over the week.


Artyomovsk is located on the Kiev-controlled part of the Donetsk People’s Republic and is a major transportation hub for the Ukrainian army’s supplies in Donbass. Fierce fighting for the city is underway. Yan Gagin, military-political expert and adviser to the acting head of the Donetsk People’s Republic (DPR), said on March 22 that the city had been practically sealed off by Russian forces and all approaches to Artyomovsk were under Russian artillery control. He earlier said that Russian forces controlled about 70% of the city. Acting DPR Head Denis Pushilin has repeatedly said that there is no evidence of the Ukrainian army’s plans to leave Artyomovsk. Meanwhile, Kiev claims that the city’s defense will be bolstered. Ukrainian President Vladimir Zelensky earlier said that Ukrainian troops would not surrender Artyomovsk and would fight for it as long as they could.

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..”the number of citizens who decided to join the Russian armed forces under the enlistment contract has increased significantly as of lately.”

Russian General Staff Says No Plans To Hold Second Wave Of Mobilization (TASS)

The Russian General Staff is not planning to hold the second wave of mobilization, because the current number of volunteers and servicemen is sufficient for fulfilling the tasks of the special operation, said Rear Adm. Vladimir Tsimlyansky, the head of the Russian General Staff’s main organization and mobilization department. “I would like to assure you that the General Staff’s plans do not include the second wave of mobilization. The current number of conscripts and people who volunteered to participate in the [special] operation is sufficient for fulfilling the objectives,” he said during a briefing devoted to Russia’s spring draft. In his words “the number of citizens who decided to join the Russian armed forces under the enlistment contract has increased significantly as of lately.” This year’s spring draft in Russia will be held during its usual timeframe of April 1 – July 15 for a total of 147,000 Russians aged between 18 and 27.

Polish TV

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The need for dollars is already shrinking.

Russian Central Bank Reveals How It Braced For Western Dollar Grab (RT)

The Bank of Russia had been preparing for an escalation of Western sanctions since 2014 and was beefing up additional funds as a hedge against future restrictions on its foreign exchange reserves, the regulator revealed on Wednesday. Amid “increasing geopolitical risks” the central bank ramped up investments in assets “that cannot be blocked by unfriendly nations”and transferred part of its reserves to gold, Chinese yuan and foreign currency in cash, the regulator announced in its annual report. The central bank managed to stash billions of imported dollars “in volumes limited by logistics capabilities,” the report said without specifying the amount of accumulated funds. Alternative reserves in dollars and gold bars have been stockpiled in the vaults of the Bank of Russia.

“This safety cushion was created in the form of alternative reserves – less liquid and convenient in everyday life, but more reliable in the face of a tough geopolitical scenario,” the regulator explained. It was impossible to abandon reserves in dollars and euros, as these currencies were used for settlements in international trade as well as in the domestic financial sector, the central bank added. “Therefore the structure of foreign exchange reserves needed to take into account the needs of citizens and businesses,” the regulator concluded. The central bank could have “unloaded” part of this money to banks during the first wave of Western sanctions to stabilize Russia’s banking system and offset the withdrawal of dollars and euros by “panicking depositors,”the chief analyst from Ingosstrakh-Investment, Viktor Tunyov, believes.

According to some estimates, last year almost $20 billion was withdrawn by depositors from the country’s second largest bank, VTB, alone. In 2022, Russia was hit by sweeping Western economic sanctions, which included measures to cut the Russian central bank off from the international financial system, while around $300 billion of the bank’s foreign reserves were frozen. Moscow has criticized the seizure of its assets, saying it constitutes theft.

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“Because it leads to wrong decisions, to the wrong decision-making process. They need to hear what we say, our arguments, then they will have a broader perception of the real state of affairs..”

London Totally Ruined Architecture Of Relations With Moscow – Ambassador (TASS)

Russia and the UK have no political dialogue after London completely ruined the architecture of relations between the countries, Russian Ambassador to the UK Andrey Kelin said in an interview with RTVI television on Thursday. “We now in principle have no political communication, no political dialogue, unlike it was with the UK in the past, about key aspects of international affairs,” he said. The ambassador said “London ruined the entire architecture of bilateral relations.” “It broke it down in the economic area, the humanitarian area, the scientific one, the educational one and the political one first of all. It was purely its initiative – the destruction of that architecture,” Kelin went on to say.


“We are in contact with the Foreign Office. Russian diplomats, including the ambassador of the Russian Federation, are forbidden from going to parliament. This is so by a decision of the parliament’s speaker. This is very bad, because the British people, British officials, British lawmakers, they remain uninformed about the other side, uninformed about the situation as a whole,” the ambassador said. According to Kelin, this is a “categorical mistake.” “Because it leads to wrong decisions, to the wrong decision-making process. They need to hear what we say, our arguments, then they will have a broader perception of the real state of affairs,” Kelin said.

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“..there would be no requirement for an “actual” health emergency [..] it would be sufficient for the DG, acting on his or her discretion, to have identified the mere “potential” for such an event.::

The Most Dangerous International Treaty Ever Proposed (Kingsley)

Human history is a story of forgotten lessons. Despite the catastrophic collapse of European democracy in the 1930s, it appears that the tale of the twentieth century – in which citizens, cowed by existential threats, acquiesced in the rejection of liberty and truth in favour of obedience and propaganda, whilst allowing despotic leaders to seize ever more absolutist powers – is perilously close to being forgotten. Nowhere is this more evident than in relation to the apparent nonchalance which has greeted two international legal agreements currently working their way through the World Health Organisation: a new pandemic treaty, and amendments to the 2005 International Health Regulations, both due to be put before the governing body of the WHO, the World Health Assembly, in May next year.

As concerned scholars and jurists have detailed, these agreements threaten to fundamentally reshape the relationship between the WHO, national governments, and individuals. They would hardwire into international law a top-down supranational approach to public health in which the WHO, acting in some cases via the sole discretion of one individual, its Director General (DG), would be empowered to impose sweeping, legally binding directions on member states and their citizens, ranging from mandating financial contributions by individual states; to requiring the manufacture and international sharing of vaccines and other health products; to requiring the surrender of intellectual property rights; overriding national safety approval processes for vaccines, gene-based therapies, medical devices and diagnostics; and imposing national, regional and global quarantines preventing citizens from traveling and mandating medical examinations and treatments.

A global system for digital ‘health certificates’ for verification of vaccine status or test results would be routinised, and a bio-surveillance network whose purpose would be to identify viruses and variants of concern – and to monitor national compliance with WHO policy directives in the event of them – would be embedded and expanded. For any of these sweeping powers to be invoked, there would be no requirement for an “actual” health emergency in which people are suffering measurable harm; instead it would be sufficient for the DG, acting on his or her discretion, to have identified the mere “potential” for such an event.

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Fighting disinformation with ….disinformation. Long article.

Guide to Understanding the Hoax of the Century (Siegel)

No one thought Trump was a normal politician. Being an ogre, Trump horrified millions of Americans who felt a personal betrayal in the possibility that he would occupy the same office held by George Washington and Abe Lincoln. Trump also threatened the business interests of the most powerful sectors of society. It was the latter offense, rather than his putative racism or flagrant un-presidentialness, that sent the ruling class into a state of apoplexy. Given his focus in office on lowering the corporate tax rate, it’s easy to forget that Republican officials and the party’s donor class saw Trump as a dangerous radical who threatened their business ties with China, their access to cheap imported labor, and the lucrative business of constant war. But, indeed, that is how they saw him, as reflected in the unprecedented response to Trump’s candidacy recorded by The Wall Street Journal in September 2016:

“No chief executive at the nation’s 100 largest companies had donated to Republican Donald Trump’s presidential campaign through August, a sharp reversal from 2012, when nearly a third of the CEOs of Fortune 100 companies supported GOP nominee Mitt Romney.” The phenomenon was not unique to Trump. Bernie Sanders, the left-wing populist candidate in 2016, was also seen as a dangerous threat by the ruling class. But whereas the Democrats successfully sabotaged Sanders, Trump made it past his party’s gatekeepers, which meant that he had to be dealt with by other means. Two days after Trump took office, a smirking Senator Chuck Schumer told MSNBC’s Rachel Maddow that it was “really dumb” of the new president to get on the bad side of the security agencies that were supposed to work for him: “Let me tell you, you take on the intelligence community, they have six ways from Sunday of getting back at you.”

Trump had used sites like Twitter to bypass his party’s elites and connect directly with his supporters. Therefore, to cripple the new president and ensure that no one like him could ever come to power again, the intel agencies had to break the independence of the social media platforms. Conveniently, it was the same lesson that many intelligence and defense officials had drawn from the ISIS and Russian campaigns of 2014—namely, that social media was too powerful to be left outside of state control—only applied to domestic politics, which meant the agencies would now have help from politicians who stood to benefit from the effort.

Immediately after the election, Hillary Clinton started blaming Facebook for her loss. Until this point, Facebook and Twitter had tried to remain above the political fray, fearful of jeopardizing potential profits by alienating either party. But now a profound change occurred, as the operation behind the Clinton campaign reoriented itself not simply to reform the social media platforms, but to conquer them. The lesson they took from Trump’s victory was that Facebook and Twitter—more than Michigan and Florida—were the critical battlegrounds where political contests were won or lost. “Many of us are beginning to talk about what a big problem this is,” Clinton’s chief digital strategist Teddy Goff told Politico the week after the election, referring to Facebook’s alleged role in boosting Russian disinformation that helped Trump. “Both from the campaign and from the administration, and just sort of broader Obama orbit…this is one of the things we would like to take on post-election,” Goff said.

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Mar 162023
 
 March 16, 2023  Posted by at 2:51 pm Finance Tagged with: , , , , , , , ,  9 Responses »


Jacob Lawrence Struggle: From the History of the American People, Panel 8 1954

Andrew Korybko:

Eurasia’s geo-economic integration took a great leap forward as a result of the IranianSaudi rapprochement, which unlocks the Gulf Cooperation Council’s (GCC) trade potential with Russia and China. Its wealthy members can now tap into two series of Iranian-transiting megaprojects in one fell swoop through this deal, with the North-South Transport Corridor (NSTC) connecting them to Russia while the China-Central Asia-West Asia Economic Corridor (CCAWAEC) will do the same vis-à-vis China.

The bloc’s de facto Saudi leader has been prioritizing a comprehensive economic reform policy known as “Vision 2030” that was introduced by Crown Prince and first-ever Prime Minister Mohammed Bin Salman (MBS) upon his rise to power in 2015. It regrettably stumbled as a result of the disastrous Yemeni War that he’s been waging since that same year, but everything is now back on track and more promising than ever after securing $50 billion worth of investments from China last December.

The People’s Republic regards Vision 2030 as complementary to its Belt & Road Initiative (BRI) due to MBS’ focus on real-sector investments for preemptively diversifying the Saudi economy away from its presently disproportionate dependence on oil exports. His country’s location at the crossroads of Afro-Eurasia also makes investments there extremely attractive from the perspective of China’s logistical interests, hence its massive commitment to his comprehensive economic reform policy.

Without last week’s Beijing-brokered deal, China would have had to rely on maritime routes under the control of the powerful US Navy to facilitate the forthcoming explosion in bilateral real-sector trade, but now everything can be conducted much more securely via the Iranian-transiting CCAWAEC. Looking forward, there’s also a theoretical possibility of Chinese energy investments in Iran connecting the Gulf to Central Asia and thenceforth to the People’s Republic, thus fully securing its strategic interests.

That’s still a far way’s off, if it even happens at all that is, but it nevertheless can’t be ruled out. Saudi Arabia’s desire to join BRICS and the SCO, which are the most influential multipolar organizations in the world right now, could turn this scenario into a reality a lot sooner than even the most optimistic observers might have expected. All of this in and of itself will herald a revolution in geo-economic affairs, and that’s even without Saudi Arabia having yet to throw its full support behind the “petroyuan”.

Once this major oil exporter begins to sell its resources in non-dollar-denominated currencies like China’s, then the petrodollar upon which the economic-financial aspect of the US’ unipolar hegemony is predicated will be dealt a deathblow. The global systemic transition to multipolarity and the impending trifurcation of International Relations that will precede the final inevitable form of this process would unprecedentedly accelerate once this happens, thus further hastening America’s ongoing demise.

About those aforementioned processes, they were already made irreversible by the special operation that Russia was forced to commence in defense of its national security red lines in Ukraine after NATO clandestinely crossed them there and subsequently rejected Moscow’s security guarantee requests for politically resolving their resultant security dilemma. Over the past year, the New York Times was forced to admit that not only did the sanctions fail, but even the plot to “isolate” Russia did too.

These outcomes were largely the result of Russia’s example inspiring the Global South to rise up against neo-colonialism by refusing to comply with the demands placed upon them by the US-led West’s Golden Billion to unilaterally sacrifice their own interests simply to serve that de facto New Cold War bloc’s. India played the leading role in this respect due to its status as the world’s largest developing country, which gave comparatively medium- and smaller-sized ones the confidence to follow in its footsteps.

That globally significant Great Power, which sits on the South Asian end of the NSTC that transits through Iran en route to Russia, also scaled up its purchases of discounted oil from Moscow to the point where its decades-long strategic partner is nowadays its largest supplier. Of crucial significance to the present analysis, a growing number of its deals are in non-dollar-denominated currencies, which sped up de-dollarization processes to such an extent that even Reuters felt compelled to write about this.

Considering this newfound financial context, there’s no doubt that upcoming Saudi moves in support of the petroyuan that are taken in coordination with Iran and Russia would catalyze the next natural phase of de-dollarization. Russian-GCC real-sector trade that’ll be carried out via Iran across the NSTC will be conducted in national currencies and thus prepare those three for the moment when they finally decide to deal a deathblow to the petrodollar.

All in all, it’s not hyperbole to declare that the dollar’s prior dominance is done for as a result of the Iranian-Saudi rapprochement. That Beijing-brokered deal makes this outcome an inevitability unless some subversive black swan event takes place such as a US-backed coup against MBS, though that’s unlikely to happen after he successfully consolidated his power in late 2017. With this in mind, it can confidently be declared that that last week’s development will be seen in hindsight as a game-changer.

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Sep 152022
 
 September 15, 2022  Posted by at 8:49 am Finance Tagged with: , , , , , , , , ,  44 Responses »


Salvador Dali Neo-Cubist Academy (Composition with Three Figures) 1926

 

Moscow Outlines ‘Diabolical’ Plan By Washington (RT)
“Prologue To Third World War”: Kremlin Reacts To Security Guarantees For Ukraine (ZH)
US, Ukraine Are In Talks To Transfer Fighter Jets & Longer-Range Missiles (ZH)
The Kharkov Game-Changer (Escobar)
Why Russia Will Still Win, Despite Ukraine’s Gains (Scott Ritter)
Ukraine Has Put World On Brink Of ‘Nuclear Catastrophe’ – Moscow (RT)
Top Hungarian Official Predicts Easing Of Sanctions (RT)
EU May Punish Hungary (RT)
Summit With Putin, Xi Will Showcase Alternative To Western World: Kremlin (AFP)
Ukraine Had A Huge Influence On The Soviet Union (Negopodin)
End of Covid in Sight – WHO (RT)
Why Health Officials Won’t Let Scientists Examine mRNA Vaccine Vials (Mercola)
Denmark ENDS Covid Vaccinations For Almost Everyone Under 50 (Berenson)
Climate Emergency Not Supported by Data: 4 Leading Italian Scientists (DS)
UK Sports Body Tells People Not To Ride Bikes During Queen Funeral (RT)

 

 

Art Berman @aeberman12
The real energy transition is a reduction in energy use. This will never happen VOLUNTARILY. Another slide from my talk last night at Houston Geological Society.

 

 

 

 

Twitter whistleblower

 

 

 

 

The Fibonacci week. How long do the days feel?

 

 

 

 

“..the EU began as a group of nations that banded together for mutual economic benefit through the deregulation of trade. Now “they are being corralled together” so their lives will become “colder, poorer, and harder,” she said.”

Moscow Outlines ‘Diabolical’ Plan By Washington (RT)

Ukraine’s newly published proposal for Western security guarantees is an invitation for the economic self-immolation of the EU, according to Maria Zakharova, the spokeswoman for the Russian Foreign Ministry. The Russian diplomat believes that the proposed international agreement which Kiev released on Tuesday is an economic trap for EU nations set by the US with Ukraine’s assistance. Most of the measures included in the document “are already being implemented” by Kiev’s backers, but Washington’s EU allies are expected to pledge to keep the Ukraine aid money flowing for the foreseeable future, Zakharova said in an interview on Wednesday. If signed, the ‘Kiev Security Compact’ would mean “harsh slavery” for the bloc which it would not recover from anytime soon, she claimed.

“A total commitment to supporting the Kiev regime would simply mean immolation [for the EU]. And this proposal is addressed to nations that are debating how they can live through the winter,” Zakharova said, in reference to the energy shortages that EU member states are struggling to confront. Developed EU nations face an economic and humanitarian disaster after taking directions from the US on how to respond to the crisis in Ukraine, according to the Foreign Ministry spokeswoman. The situation is ironic, she believes, as the EU began as a group of nations that banded together for mutual economic benefit through the deregulation of trade. Now “they are being corralled together” so their lives will become “colder, poorer, and harder,” she said.

This is Washington’s diabolical plan to destroy what was previously called the common European space. The Ukrainian security proposal was prepared by a group co-chaired by Andrey Yermak, the chief of staff of President Vladimir Zelensky, and former NATO Secretary General Anders Fogh Rasmussen. The 10-page document outlines NATO-like security guarantees for Ukraine by the US and its allies that would benefit Kiev until it formally joins the Washington-led military bloc. It also calls for continued military and financial aid for Ukraine by the guarantors.

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“..a “multi-decade” plan of investment, military training, and intelligence sharing to bolster Ukraine’s defensive capabilities as the country pursues full NATO membership.”

“Prologue To Third World War”: Kremlin Reacts To Security Guarantees For Ukraine (ZH)

Ukraine wants a ‘NATO-esque’ bloc which can be called upon to immediately defend borders with Russia, which was proposed by a working group established by President Volodymyr Zelensky. Crucially it would include the United States and other NATO allies providing Ukraine with “security guarantees”. Kiev officials stressed in unveiling the plan Tuesday that it’s not meant as a replacement for NATO, but as a legally binding alliance to be in place while Ukraine eventually pursues full NATO membership, as Newsweek describes of the proposal: “The Kyiv Security Compact (KSC)—proposed by Andriy Yermak, the head of Zelensky’s office, and former NATO Secretary-General Anders Fogh Rasmussen—would also establish a “multi-decade” plan of investment, military training, and intelligence sharing to bolster Ukraine’s defensive capabilities as the country pursues full NATO membership.”

The Kremlin’s reaction has been swift and fierce, with Deputy Chairman of the Security Council of Russia Dmitry Medvedev warning that it is “really a prologue to the Third World War” if it gets enacted. He described that nuclear holocaust would be the end result. According to a translation of Medvedev’s reaction in state media, which had been posted in a statement to Telegram, he blamed “dull idiots” from “stupid think tanks” for concocting such a “hysterical appeal”. Medvedev wrote: “And then the Western nations will not be able to sit in their clean homes, laughing at how they carefully weaken Russia by proxy. Everything will be on fire around them. Their people will harvest their grief in full. The land will be on fire and the concrete will melt.”

“Yet still the narrow-minded politicians and their stupid think tanks, thoughtfully twirling a glass of wine in their hands, talk about how they can deal with us without entering into a direct war. Dull idiots with a classical education.” He said that already the conflict in Ukraine is sliding into unknown, unpredictable territory of escalation due to the West’s “unrestrained pumping of the Kiev regime with the most dangerous types of weapons.” He added to the statements as follows according to a translation: “The Kyiv camarilla gave birth to a project of “security guarantees”, which are a prologue to the third world war. Of course, no one will give any “guarantees” to the Ukrainian Nazis. After all, this is almost the same as applying Article 5 of the North Atlantic Pact (Washington Treaty) to Ukraine. For NATO – the same shit, only a side view. Therefore, it’s scary.”

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Insanity squared.

US, Ukraine Are In Talks To Transfer Fighter Jets & Longer-Range Missiles (ZH)

The US and its allies are in talks over whether to send Ukraine more advanced weapons in the future, including fighter jets, US defense sources have said, according to the Financial Times. The Kharkiv counteroffensive has apparently emboldened Ukrainian officials to press Washington harder for more advanced and longer-range weapons, now that some degree of success in rolling back Russian forces can be demonstrated. The idea is that if Ukraine’s forces can prove they’ve taken back significant territory with what defense systems the US has provided so far, they can ultimately make the case that the whole of the east and south is within their reach – and even the potential to liberate Crimea while they’re at it – if longer range and more advanced arms are made available.

The Financial Times reports this week that active discussions between the US and Ukraine are underway concerning Kiev’s weapons wish list: “A senior US defense official said Washington and its allies were discussing Ukraine’s longer term needs, such as air defenses, and whether it might be appropriate to give Kyiv fighter aircraft in the “medium to longer term”. To date, the US and its allies have declined to do so. But interestingly and quite tellingly, the report immediately follows with the acknowledgement that Ukrainian leaders are perhaps naturally incentivize to exaggerate battlefield gains at this moment. Here’s more from the FT as the Pentagon offers a “cautiously optimistic” assessment of Ukraine’s ongoing counteroffensives in the east and south:

“Ukrainian military officials have said in recent days they have taken more than 3,000 sq km of terrain in what has become Moscow’s biggest military setback since it was forced to scrap plans to conquer Kyiv. But late on Monday night President Volodymyr Zelenskyy practically doubled those claims as Ukraine’s forces continued to advance.” Something Ukraine has additionally long been asking for is longer-range missile systems. A Monday Wall Street Journal report detailed that Kiev is now requesting from the Pentagon the Army’s Tactical Missile System, or ATACMS, a surface-to-surface missile system with the capability of reaching about 190 miles. This would be far and beyond the range of missiles transferred to Ukraine thus far in the conflict.

The Biden administration in the early months resisted sending longer range missiles, admitting its fears that doing so could draw the US and Russia into direct conflict – given longer range munitions means Ukrainian forces would have the capability of hitting inside Russian territory. This has already happened with Crimea, and even recently with bases inside Russia proper near the border. But now US defense officials are looking over a new strategy proposal and weapons request submitted by Valeriy Zaluzhny, the commander in chief of Ukraine’s force. WSJ details of the document: They argued that Russia has long-range cruise missiles that greatly outdistance the systems in the Ukrainian inventory. A turning point could come if the Ukrainians also had longer-range systems, they argued, specifically mentioning the ATACMS. “The only way to radically change the strategic situation is, without a doubt, for the Armed Forces of Ukraine to launch several consecutive, and ideally, simultaneous counterattacks during the 2023 campaign,” they wrote.

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“Sooner rather than later, gloves – velvet and otherwise – will be off. Exit SMO. Enter War.”

The Kharkov Game-Changer (Escobar)

Wars are not won by psyops. Ask Nazi Germany. Still, it’s been a howler to watch NATOstan media on Kharkov, gloating in unison about “the hammer blow that knocks out Putin”, “the Russians are in trouble”, and assorted inanities. Facts: Russian forces withdrew from the territory of Kharkov to the left bank of the Oskol river, where they are now entrenched. A Kharkov-Donetsk-Luhansk line seems to be stable. Krasny Liman is threatened, besieged by superior Ukrainian forces, but not lethally. No one – not even Maria Zakharova, the contemporary female equivalent of Hermes, the messenger of the Gods – knows what the Russian General Staff (RGS) plans, in this case and all others. If they say they do, they are lying.

As it stands, what may be inferred with a reasonable degree of certainty is that a line – Svyatogorsk-Krasny Liman-Yampol-Belogorovka – can hold out long enough with their current garrisons until fresh Russian forces are able to swoop in and force the Ukrainians back beyond the Seversky Donets line. All hell broke loose – virtually – on why Kharkov happened. The people’s republics and Russia never had enough men to defend a 1,000 km-long frontline. NATO’s entire intel capabilities noticed – and profited from it. There were no Russian Armed Forces in those settlements: only Rosgvardia, and these are not trained to fight military forces. Kiev attacked with an advantage of around 5 to 1. The allied forces retreated to avoid encirclement. There are no Russian troop losses because there were no Russian troops in the region.

Arguably this may have been a one-off. The NATO-run Kiev forces simply can’t do a replay anywhere in Donbass, or in Kherson, or in Mariupol. These are all protected by strong, regular Russian Army units. It’s practically a given that if the Ukrainians remain around Kharkov and Izyum they will be pulverized by massive Russian artillery. Military analyst Konstantin Sivkov maintains that, “most combat-ready formations of the Armed Forces of Ukraine are now being grounded (…) we managed to lure them into the open and are now systematically destroying them.” The NATO-run Ukrainian forces, crammed with NATO mercenaries, had spent 6 months hoarding equipment and reserving trained assets exactly for this Kharkov moment – while dispatching disposables into a massive meat grinder.

It will be very hard to sustain an assembly line of substantial prime assets to pull off something similar again. The next days will show whether Kharkov and Izyum are connected to a much larger NATO push. The mood in NATO-controlled EU is approaching Desperation Row. There’s a strong possibility this counter-offensive signifies NATO entering the war for good, while displaying quite tenuous plausible deniability: their veil of – fake – secrecy cannot disguise the presence of “advisers” and mercenaries all across the spectrum.[..] This is an existential war. A do or die affair. The American geopolitical /geoeconomic goal, to put it bluntly, is to destroy Russian unity, impose regime change and plunder all those immense natural resources. Ukrainians are nothing but cannon fodder: in a sort of twisted History remake, the modern equivalents of the pyramid of skulls Timur cemented into 120 towers when he razed Baghdad in 1401.sIf may take a “hammer blow” for the RSG to wake up. Sooner rather than later, gloves – velvet and otherwise – will be off. Exit SMO. Enter War.

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“Winning a battle is one thing; winning a war another.”

Why Russia Will Still Win, Despite Ukraine’s Gains (Scott Ritter)

The Ukrainian battle plan has “Made in Brussels” stamped all over it. The force composition was determined by NATO, as was the timing of the attacks and the direction of the attacks. NATO intelligence carefully located seams in the Russian defenses and identified critical command and control, logistics, and reserve concentration nodes that were targeted by Ukrainian artillery, which operates on a fire control plan created by NATO. In short, the Ukrainian army that Russia faced in Kherson and around Kharkov was unlike any Ukrainian opponent it had previously faced. Russia was no longer fighting a Ukrainian army equipped by NATO, but rather a NATO army manned by Ukrainians.

Ukraine continues to receive billions of dollars of military assistance, and currently has tens of thousands of troops undergoing extensive training in NATO nations. There will be a fourth phase, and a fifth phase … as many phases as necessary before Ukraine either exhausts its will to fight and die, NATO exhausts its ability to continue supplying the Ukrainian military, or Russia exhausts its willingness to fight an inconclusive conflict in Ukraine.

[..] In the end, I still believe the end game remains the same — Russia will win. But the cost for extending this war has become much higher for all parties involved. The successful Ukrainian counteroffensive needs to be put into a proper perspective. The casualties Ukraine suffered, and is still suffering, to achieve this victory are unsustainable. Ukraine has exhausted its strategic reserves, and they will have to be reconstituted if Ukraine were to have any aspirations of continuing an advance along these lines. This will take months. Russia, meanwhile, has lost nothing more than some indefensible space. Russian casualties were minimal, and equipment losses readily replaced.

Russia has actually strengthened its military posture by creating strong defensive lines in the north capable of withstanding any Ukrainian attack, while increasing combat power available to complete the task of liberating the remainder of the Donetsk People’s Republic under Ukrainian control. Russia has far more strategic depth than Ukraine. Russia is beginning to strike critical infrastructure targets, such as power stations, that will not only cripple the Ukrainian economy, but also their ability to move large amounts of troops rapidly via train. Russia will learn from the lessons the Kharkov defeat taught them and continue its stated mission objectives.

The bottom line – the Kharkov offensive was as good as it will get for Ukraine, while Russia hasn’t come close to hitting rock bottom. Changes need to be made by Russia to fix the problems identified through the Kharkov defeat. Winning a battle is one thing; winning a war another. For Ukraine, the huge losses suffered by their own forces, combined with the limited damage inflicted on Russia means the Kharkov offensive is, at best, a Pyrrhic victory, one that does not change the fundamental reality that Russia is winning, and will win, the conflict in Ukraine.

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The IAEA can’t speak. Ukraine=NATO.

Ukraine Has Put World On Brink Of ‘Nuclear Catastrophe’ – Moscow (RT)

Ukraine’s attacks on the Zaporozhye Nuclear Power Plant are creating an unacceptable risk, the chairman of the State Duma, Vyacheslav Volodin, said on Tuesday. Moscow will act to prevent a disaster from happening, while the US does not seem to care about the potential damage to Ukraine and its European NATO allies, the speaker of the Russian parliament has said. “Kiev’s terrorist actions are putting the world on the brink of a nuclear catastrophe. We cannot allow this to happen,” Volodin said, opening the legislature’s autumn session. While the US may be far away from the plant, “their NATO allies in Europe stand to suffer” in case of a radioactive release, Volodin noted, adding that the US government and EU parliaments are silent about the threat, but many other states around the world share Russia’s concern about the situation.

Russia has controlled Europe’s largest nuclear power plant since March. Attacks on the facility started in July, with the Russian Defense Ministry documenting more than 30 artillery and drone strikes, as well as two attempts by Ukrainian commandos to storm the plant, one during the visit of an International Atomic Energy Agency (IAEA) mission earlier this month. Kiev has accused Moscow of staging the shelling to make Ukraine look bad, even though its military eventually admitted to targeting the area.

IAEA Director General Rafael Grossi, who personally led the mission to inspect the plant, said on Monday that both Russia and Ukraine are “interested” in a proposal for a local ceasefire and a security zone around the ZNPP. All of its six reactors are currently offline, due to the ongoing artillery threat. Moscow has rejected any notion of withdrawing its troops from the area, however, with the Kremlin saying that the only discussion at this time is “about forcing the Ukrainian side to stop the barbaric shelling” of the premises. In his remarks on Tuesday, Volodin said, “time has once again shown the correctness of the decision” by President Vladimir Putin to send troops into Ukraine in February.

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“The European Commission has reportedly backpedaled on the gas price cap and is currently working on a mechanism to tax the windfall profits of energy companies.”

Top Hungarian Official Predicts Easing Of Sanctions (RT)

The EU will review the sanctions on Russia and could lift some of them as soon as this autumn, Hungarian State Secretary for Foreign Affairs and Trade Tamas Menczer predicts. The restrictions imposed on Russian trade to punish it for attacking Ukraine have failed to change Moscow’s behavior and actually rewarded it with increased revenues, after they triggered a spike in energy prices, the MP said during an appearance on M1 TV on Tuesday. Meanwhile, the European countries that imposed the sanctions are facing energy shortages. “Reality knocks on the door of every country,”Menczer said, explaining why he believes the sanctions will be lifted sooner rather than later. Member states are set to review their sanctions policies later in the autumn.


The Hungarian MP confirmed that his country, which criticized the EU’s drive to decouple the economy of the bloc from Russian energy, opposed the idea of introducing a price cap on gas bought from foreign nations. He called the proposal absurd and impractical, citing Moscow’s promises to cut supplies to customers that try to dictate the price. The European Commission has reportedly backpedaled on the gas price cap and is currently working on a mechanism to tax the windfall profits of energy companies. Brussels is also urging EU nations to impose various energy-saving measures to better prepare for peak consumption during the winter. Last week, Hungarian Parliament Speaker Laszlo Kover claimed that the EU is the “loser” in the Ukraine conflict due to the economic damage caused by the sanctions.

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“..as much as 70% of the funding due between 2021 and 2027 may be withheld from Hungary owing to non-compliance..”

EU May Punish Hungary (RT)

The European Commission will recommend withholding funds from the Hungarian government over allegations of corruption in the country, Bloomberg claimed on Wednesday, confirming earlier reports in the Hungarian press. The assessment is expected to be unveiled as soon as Sunday. The EU launched a probe against Hungary shortly after its prime minister, Viktor Orban, shored up his domestic position by winning the April general election in a landslide. The investigation was triggered under a recently adopted EU law that links payments of subsidies to member states to their compliance with the bloc’s rule-of-law norms.According to Bloomberg’s sources, the European Commission is almost ready to release its conclusions. The executive body is to recommend slashing the funding pending improvement in adherence to the norms, senior EU officials told the agency.

The final decision will be made within three months after the report is released, with a qualified majority of votes by the bloc’s members required to adopt it. Brussels may give Budapest a grace period of up to three months to follow its recommendations and to implement a number of measures that the Hungarian government promised to enact to alleviate the EU’s concerns, according to Bloomberg. According to EUobserver, a publication specializing in covering EU policies, as much as 70% of the funding due between 2021 and 2027 may be withheld from Hungary owing to non-compliance. The total sum would amount to over €40 billion, according to the Bloomberg report. The Orban government was blocked from accessing the EU money during the probe.

The anti-corruption measures that Budapest proposed in late August include creating a new authority to oversee the spending of EU funds and amending Hungarian laws on public procurements. The country’s justice minister, Judit Varga, met EU officials last week to discuss the package. The timeline for the release of the graft report was first revealed by the Hungarian newspaper Nepszava on Tuesday evening. Its sources said that 20% of EU subsidies were at risk of being suspended unless Budapest meets Brussels’ demands. The punishment, if implemented, would be the first case of its kind. The EU leadership has voiced concerns about the rule of law in several Eastern European countries, most notably Hungary and Poland.

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Half the world population.

Summit With Putin, Xi Will Showcase Alternative To Western World: Kremlin (AFP)

A regional summit this week where Russian President Vladimir Putin will meet China’s Xi Jinping and other Asian leaders will showcase an “alternative” to the Western world, the Kremlin said Tuesday. Putin and Xi will be joined by the leaders of India, Pakistan, Turkey, Iran and several other countries for the summit of the Shanghai Cooperation Organisation (SCO) in the Uzbek city of Samarkand on Thursday and Friday. The SCO — made up of China, Russia, India, Pakistan and four ex-Soviet Central Asian countries — was set up in 2001 as a political, economic and security organisation to rival Western institutions. The meeting will be part of Xi’s first trip abroad since the early days of the coronavirus pandemic and comes with relations between Russia and the West shattered by the conflict in Ukraine. “The SCO offers a real alternative to Western-centric organisations,” Kremlin foreign policy advisor Yuri Ushakov told reporters in Moscow.


“All members of the SCO stand for a just world order,” he said, describing the summit as taking place “against the background of large-scale geopolitical changes”. The SCO, he said, “is the largest organisation in the world, it includes half the population of our planet”. Putin will hold talks with Xi, Iranian President Ebrahim Raisi and Pakistani Prime Minister Shehbaz Sharif on Thursday, Ushakov said, before attending the main session of the summit on Friday. On Friday he will also meet with Indian Prime Minister Narendra Modi, Turkish President Recep Tayyip Erdogan and Azerbaijani leader Ilham Aliyev. “The meeting with Xi is of particular importance, major international and regional topics will be discussed,” including the conflict in Ukraine and growing Russia-China economic ties, Ushakov said.

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History lesson.

Ukraine Had A Huge Influence On The Soviet Union (Negopodin)

Even now, many pages in the history of the Soviet Union remain a mystery. One of these concerns the ethnic composition of the country’s leadership. Such information was not published by the Party’s Central Committee until 1989, and biographies of members of the governing bodies during the entire Soviet period were not released until 1990, just before the dissolution of the USSR. All of these documents confirmed that many of its statesmen, politicians, diplomats, as well as military and intelligence officers, had been born in Ukraine. However, information about their ethnic origin was often omitted. Also, many of those who originated from Ukraine were registered as ‘Russian’ or simply as ‘Soviet’. This is why it is so difficult to assess the full scope of political influence Ukrainians had on the decision-making process in the Soviet Union.

It is true that Ukrainians contributed a great deal to building socialism. If we round them all up, we see that there had always been very large numbers of people from Ukraine in the top tiers of power. Two of them, Nikita Khrushchev and Leonid Brezhnev, ruled the country as general secretary of the Communist Party’s Central Committee. The country’s final ruler, Mikhail Gorbachev, was the descendant of Ukrainian peasants who had moved to Stavropol. [..] The Ukrainian Soviet Socialist Republic was managed by local elites, which is completely at odds with the modern myth of Ukraine having been an ‘oppressed nation’ in the Soviet Union. Moreover, so many Ukrainians held key positions in the Soviet government that any allegations made by the present-day Ukrainian authorities about the Ukrainian SSR struggling under the yoke of the Russian SFSR and being de facto Soviet Russia’s colony simply don’t have a leg to stand on.

On the contrary, by the 1950s, the Ukrainian SSR had become a full-fledged statelet that had its own constitution and flag and even parliament. In fact, its structure mirrored that of the government of the Soviet Union itself. Ukraine’s policy was determined by the Communist Party of Ukraine with the Politburo being its highest body of power; its legislative branch was represented by the Supreme Council (this later became the Verkhovna Rada); and executive power was wielded by the Council of Ministers.

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But vaccinate!

End of Covid in Sight – WHO (RT)

World Health Organization Director General Tedros Adhanom Ghebreyesus declared on Wednesday that the end of the Covid-19 pandemic is close at hand. While the virus is still spreading at the same level as last year, despite mass vaccination, deaths have fallen significantly. “We are not there yet. But the end is in sight,”Tedros said at a press briefing. Claiming that vaccination and other public health measures have reduced the threat posed by the virus, the WHO chief called on governments to push for 100% vaccination of vulnerable people and healthcare workers, and 70% vaccination of the general public.

“A marathon runner does not stop when the finish line comes into view, she runs harder with all the energy that she has left,” he said. “Now is the worst time to stop running.” The impact of vaccines, masks, lockdowns, and other public health measures on the virus’ spread has been a controversial issue, with near-totally vaccinated countries like Singapore still experiencing waves of infection this summer that dwarfed similar spikes in 2021 and 2020. Some 3.1 million cases of Covid-19 were confirmed globally in the week ending September 5, compared to 3.9 million in the same week in 2021, and 1.9 million in the same week in 2020.

Deaths have fallen, however, with 11,000 linked to the virus in the week ending September 5, the lowest weekly total since March 16, 2020. Tedros announced that the WHO would release six policy briefs for governments later on Wednesday, outlining the steps the organization thinks are necessary to avoid “more variants, more deaths, more destruction and more uncertainty.” Among these steps are the aforementioned vaccination push, the maintenance of infection control measures in hospitals, increased testing and sequencing, and the administration of appropriate treatment to patients.

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“However, what it will do very effectively, if you got reasonably intact mRNA, is to cause you significant harm. You are playing a game of chance with your immune system and what is in the bottle.”

Why Health Officials Won’t Let Scientists Examine mRNA Vaccine Vials (Mercola)

A 14-minute video (below) that has been overlooked for nearly two years has now resurfaced, exposing stunning information about the COVID-19 jabs and why health officials don’t want individual vaccine vials examined by independent scientists. The reason, it turns out, is because the vials are all different — and the mRNA in the shots “is not intact.” Both of these pose potentially serious problems. In an Aug. 31 Substack article, Steve Kirsch explains: “Even if you are getting 100% intact mRNA which would be really rare, you’re still not getting anything that resembles the virus. So the efficacy as far as PROTECTING you will be next to nothing. “However, what it will do very effectively, if you got reasonably intact mRNA, is to cause you significant harm. You are playing a game of chance with your immune system and what is in the bottle.”

The video notes that members of the European Parliament were only allowed to read the contracts with the drug makers after they’d been heavily redacted. Why the heavy-handed secrecy, even toward legislators? The finding that the mRNA in the shots was of questionable quality was revealed in a British Medical Journal feature investigation article published in March 2021. As explained by the author, journalist Serena Tinari, cyber attackers retrieved more than 40 megabytes of Pfizer COVID-19 jab data from the European Medicines Agency (EMA) in December 2020. The hacked data was subsequently sent to journalists and academics worldwide. It was also published on the dark web. Some of the documents show European regulators had significant concerns over the lack of intact mRNA in the commercial batches sampled.

Compared to the clinical batches, i.e., the shots used in the clinical trial, 55% to 78% of the commercial shots had “a significant difference in % RNA integrity/truncated species.” In one email, dated Nov. 23, 2020, a high-ranking EMA official noted that the commercial batches failed to meet expected specifications, and that the implications of this RNA integrity loss were unclear. In response to the findings, the EMA sent a list of questions and concerns to Pfizer. While we do not know if and how the EMA’s concerns were actually addressed and corrected, the EMA authorized Pfizer’s COVID-19 jab Dec. 21, 2020.

Read more …

Next please.

Denmark ENDS Covid Vaccinations For Almost Everyone Under 50 (Berenson)

Denmark will bar almost everyone under 50 from receiving more mRNA Covid jabs, the Danish Health Authority said yesterday. Denmark had already ended Covid shots for nearly everyone under 18. The new rules go much further. Danes under 50 will only be allowed to receive the shots if they are “higher risk of becoming severely [emphasis added] from Covid-19.” The Danish Health Authority has not yet defined those groups, but they will likely include only a handful of people, such as those receiving cancer treatments that suppress their immune systems. Pregnant women are unlikely to be included.

Denmark did not explicitly say the risks of mRNA jabs now outweigh their benefits for healthy people under 50. But that view is implicit in the announcement, which does not merely discourage but actually bans shots for those people, even though Denmark expects “a large wave of [Covid] infection” in the next few months. In other words, the health authority is not stopping shots because Covid has ended. It now believes most people are better off getting the coronavirus than taking more mRNA. The Danish move is particularly significant because Denmark has an excellent national health care system and has aggressively collected data on Covid and vaccines.

Denmark was among the first countries to stop giving Covid shots to healthy children and teenagers. Now other European countries are beginning to follow, with Britain ending mRNA shots for almost all children 10 and under. In yesterday’s announcement of the new policies, Denmark explicitly dropped any effort to halt the spread of the coronavirus and said that it will focus only on protecting people at very high risk: “We expect that a large part of the population will become infected with covid-19 during the autumn, and we therefore want to vaccinate those having the highest risk so that they are protected from severe illness.”

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It’s time for science. Before the climate lockdowns come.

Suppose the climate alarms follow the same pattern the Covid ones do. Take it from there.

Climate Emergency Not Supported by Data: 4 Leading Italian Scientists (DS)

Four leading Italian scientists have undertaken a major review of historical climate trends and concluded that declaring a ‘climate emergency’ is not supported by the data. Reviewing data from a wide range of weather phenomena, they say a ‘climate crisis’ of the kind people are becoming alarmed about “is not evident yet”. The scientists suggest that rather than burdening our children with anxiety about climate change, we should encourage them to think about issues like energy, food and health, and the challenges in each area, with a more “objective and constructive spirit” and not waste limited resources on “costly and ineffective solutions”.

During the course of their work, the scientists found that rainfall intensity and frequency is stationary in many parts of the world. Tropical hurricanes and cyclones show little change over the long term, and the same is true of U.S. tornadoes. Other meteorological categories including natural disasters, floods, droughts and ecosystem productivity show no “clear positive trend of extreme events”. Regarding ecosystems, the scientists note a considerable “greening” of global plant biomass in recent decades caused by higher levels of carbon dioxide in the atmosphere. Satellite data show “greening” trends over most of the planet, increasing food yields and pushing back deserts.

The four scientists are all highly qualified and include physics adjunct professor Gianluca Alimonti, agrometeorologist Luigi Mariani and physics professors Franco Prodi and Renato Angelo Ricci. The last two are signatories to the rapidly growing ‘World Climate Declaration’. This petition states that there is no climate emergency and calls for climate science to be more scientific. It also calls for liberation from the “naïve belief in immature climate models”. In future, it says, “climate research must give significantly more emphasis to empirical science”.

‘Extreme’ weather events attributed by climate models – somehow – to anthropogenic global warming are now the main staple of the climate alarmist industry. As the Daily Sceptic reported on Monday, Sir David Attenborough used a U.K. Met Office model forecast in the first episode of Frozen Planet II to claim that summer Arctic sea ice could be gone within 12 years. But the likelihood of hardy swimming galas over the North Pole by 2035 seems somewhat remote, not least because Arctic sea ice has been growing in many summers since 2012. According to a recent report from the U.S.-based National Snow and Ice Data Center, at the end of August “sea ice extent is likely to remain higher than in recent years”.

EV-No

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The list of absurdities gets longer.

• 100 staff at Charles III residence sacked
• £200 million tax avoided by Charles on his inheritance
• 1,000 Cancer treatments cancelled for Monday
• Arrests for disapproving of unelected head of state
• Food banks closed on Monday

UK Sports Body Tells People Not To Ride Bikes During Queen Funeral (RT)

British Cycling has U-turned on its previous “strong recommendation” that people should refrain from using their bicycles during the Queen’s funeral next week. Though the UK government had stressed there was no obligation to cancel or postpone any events during a period of national mourning following the death of Queen Elizabeth II last Thursday, some sports such as football have widely postponed matches as a mark of respect to the monarch. Adopting a similar stance, British Cycling released guidance that said it “strongly recommends that anybody out riding their bike on the day of the state funeral does so outside of the timings of the funeral service and associated processions, which will be confirmed later this week.”

This caused consternation among cyclists, with one noting that the funeral on Monday, September 19, clashes with their work hours. “Is it OK with you if I don’t follow your absolutely ridiculous advice and bike to work? Or would you rather I, as a mark of respect, pollute the air with my car? Maybe I can honk the national anthem on my horn?” they asked.British Cycling has since deleted the section of its guidance that says people shouldn’t cycle at all during the funeral for the 96-year-old Queen, but fresh recommendations have insisted that amateur cyclists should not go on rides with their clubs on Monday. “As a mark of respect to Her late Majesty Queen Elizabeth II, British Cycling’s guidance is that no formal domestic activities should take place on the day of the State Funeral, Monday 19 September,” it stated.

“This includes cycle sport events, club rides, coaching sessions and community programs (such as Breeze rides).”With good weather expected which often prompts long rides with clubs, this has also drawn criticism and has seen the organization dubbed a “joke” with conduct “worthy of the Stasi,” in reference to the former German state security service in operation from 1950 to 1990. Some cyclists have threatened to cancel their membership, with one balking that British Cycling is “an embarrassment at a time when hatred towards cycling feels at an all-time high.”

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Paul&Fauci

 

 

 

 

Wesley Clark

 

 


Bridge of Hands, Vietnam

 

 

Support the Automatic Earth in virustime with Paypal, Bitcoin and Patreon.

 

 

 

Aug 312022
 
 August 31, 2022  Posted by at 8:15 am Finance Tagged with: , , , , , , , , ,  89 Responses »


Henri Matisse Bathers by a river 1909-16

 

UK Inflation May Top 22% Next Year – Goldman Sachs (RT)
Thousands Of UK Pubs ‘Face Closure’ Without Energy Bills Support (G.)
Greek PM: Resources Against Energy Hikes Not ‘Infinite’ (K.)
The Real Problem Is That Europe Doesn’t Have Any Energy Supplies (Every)
China Is Aggressively Reselling Russian Gas To Europe (ZH)
Poland Warns Of EU ‘Implosion’ Over Ukraine Conflict (RT)
US Urges Shutdown Of Nuclear Plant Slated For IAEA Inspection (RT)
Ukraine Targets Possible IAEA Route To Zaporozhye – Local Official (RT)
EU Has No Alternative To Russian Energy – ex Saudi Aramco VP (RT)
Promised “Major Ukrainian Counter-attack” Ends In Disaster (Saker)
Ukraine & the Politics of Permanent War (Chris Hedges)
France Accuses Russia Of Using Gas As ‘Weapon Of War’ (RT)
The SCO: Half The World’s Population To Forge The New World Order (Trenin)
FBI Put The Hunter Biden Story Right In Facebook’s Lap (Devine)
Top FBI Agent Resigns Amid Claims He Shielded Hunter Biden From Probe (NYP)
Three Ways the Psychotic Covid Panic Narrative Was Created (DS)
Fauci’s Presence Is No Longer Politically Sustainable (CHD)

 

 

 

 

 

 

Pizza Hut

 

 

 

 

 

 

Dies suddenly

 

 

 

 

Soon the Debt Rattle will live up to its original name again.

UK Inflation May Top 22% Next Year – Goldman Sachs (RT)

Inflation in Britain could jump above 22% in 2023 if gas prices continue to grow, Bloomberg reported on Tuesday, citing Goldman Sachs analysts. The bank’s economists estimate that if prices keep rising, the UK may be forced to hike its energy cap by a further 80% in January, which would in turn push inflation up to 22.4% and cause a 3.4% drop in the country’s GDP. Moreover, even if energy prices stabilize, analysts say the peak inflation rate will be around 14.8% in January, which is enough to plunge the country into a recession. According to Bloomberg, investors expect drastic measures from the Bank of England in the coming months to battle inflation, including a key rate hike of up to 4.25% from the current 1.75%. Goldman Sachs’ inflation forecast tops the previous one made last week by Citigroup, which expects inflation in the UK to surge to 18.6% next year, and the Bank of England’s expectation of 13%.

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“..Let’s not forget that for most licensees the pub is not just their business but also their family home.”

Thousands Of UK Pubs ‘Face Closure’ Without Energy Bills Support (G.)

Thousands of pubs face closure without urgent government support to soften the blow from soaring energy bills, the beer industry has said, putting jobs at risk in a sector still battling to recover from the Covid pandemic. The bosses of companies owning almost half of the UK’s 47,000 pubs said tenants were already giving notice because they could not cope with energy bills, which are due to rise more than fivefold in some cases. Unlike households, businesses do not benefit from a cap on what suppliers can charge for gas and electricity, leaving many firms facing oblivion without state intervention. In a letter to the government and the Conservative leadership candidates, Liz Truss and Rishi Sunak, the British Beer and Pub Association said mass job losses were inevitable in the absence of help for an industry that employs 940,000 people.

Nick Mackenzie, the chief executive of the 3,100-strong pub chain Greene King, said the energy bill blow had come just as the sector was battling back from the ravages of the Covid-19 lockdowns, which hit hospitality particularly hard and left many with punishing debts. “While the government has introduced measures to help households cope with this spike in prices, businesses are having to face this alone, and it is only going to get worse come the autumn,” Mackenzie said. “Without immediate government intervention to support the sector, we could face the prospect of pubs being unable to pay their bills, jobs being lost and beloved locals across the country forced to close their doors, meaning all the good work done to keep pubs open during the pandemic could be wasted.” His counterpart at St Austell Brewery, Kevin Georgel, said thousands of pubs could be forced to call last orders for good.

Chris Jowsey, the chief executive of Admiral Taverns, said the impact was frightening. He said: “One of our licensees reluctantly gave notice to leave his pub after the cost of electricity increased by 450%, making it impossible to trade profitably. Let’s not forget that for most licensees the pub is not just their business but also their family home.”


“I got this electricity bill today, how in the name of God is this possible, we’re a small coffee shop in westmeath”

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Early warning: you’re on your own.

Greek PM: Resources Against Energy Hikes Not ‘Infinite’ (K.)

The Greek economy does not have “infinite” resources to keep offsetting the impact of skyrocketing energy prices, Prime Minister Kyriakos Mitsotakis told ministers on Tuesday, warning of a “tough” winter ahead. “Any steps we take will be measured so that temporary needs do not undermine national imperatives… If we have succeeded in supporting society so far, to the best of our ability, it is precisely because we exhaust the fiscal limits, without abolishing them,” the prime minister told a cabinet meeting at his office in Athens. The prime minister hailed the European Commission’s announcement on Monday that it intends to introduce a series of reforms to the energy market to contain runaway prices, but warned against delaying any such initiatives.


“Every day that passes without a joint approach to the energy crisis makes the problems for all Europeans grow,” said Mitsotakis, who had presented Brussels with list of such reform proposals earlier in the year. The energy crisis, added Mitsotakis, is a concerted assault against the West by Russia, which “is seeking to create social turmoil and political instability inside the countries opposing its plans by applying economic pressure.” He added that Greece is among the countries being targeted by Moscow for taking Ukraine’s side in Russia’s ongoing invasion. “Mr Putin is doing nothing to hide it, and neither is Mr Erdogan, who has publicly stated that he would like a different government in Athens,” Mitsotakis added, referring to Russian and Turkish presidents, respectively.

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“The brutal lesson is that neoliberalism is like a chocolate teapot..”

The Real Problem Is That Europe Doesn’t Have Any Energy Supplies (Every)

Of course, the real problem is that Europe doesn’t have any energy supplies to force state or private capital into – or at least not ones it is prepared to tap: indeed, Germany’s economy minister says the “bitter reality” is that Russia will not resume gas supply. Enjoy those stocks you have built up at huge expense, because there will be far less flow ahead. As such, what power source will the EU link electricity prices to? Solar panels, in winter when northern Europe’s energy requirements are at their highest? Burning the M&Ms that unicorns excrete? Underlining the point, Brent oil prices rose 4% to over $105 yesterday before retreating slightly (and wheat and corn went up 3-4% too, showing that central banks are still behind the curve on that front); Iraq slipped into chaos, with the US airlifting its personnel out of another Greater Middle East embassy(!); it was rumored OPEC+ may announce a production cut ahead; that the US might have to dip into its Strategic Petroleum Reserve even more – as if there can’t be a real crisis that demands its use ahead; and US Department of Defence spokesman Kirby warned he was concerned about the possibility of energy shortages ahead.

The brutal lesson is that neoliberalism is like a chocolate teapot – it looks amazingly sweet until things get ‘hot’, and then it serves no purpose at all. Yet industrial policy/corporatism/fascism/Common Prosperity also needs to be based on the real, and realpolitik, not the ideal. If the EU throws de facto MMT/printed money at energy subsidies within a neoliberal framework with no concrete, achievable plan for more energy supply (of what? From whom?) then it is simply going to drive global energy prices higher, many EM into the ground – some of whom are located close to Europe, EUR well through the parity floor, and inflation still into the sky. So let’s hope there is joined-up thinking behind their latest proposals. Relatedly, the title of today’s Daily, ‘The Power of the Powerless’ (which I have used before) addresses the energy situation in Europe, but was also the title of a political pamphlet by dissident Vaclav Havel against communist Czechoslovakia.

He argued the first step to bringing down the regime was for a powerless greengrocer not to place the state-backed sign saying, ‘Workers of the World, Unite!’ in his window. If Europe (and others) had done the same with certain neoliberal-approved signs they arguably would not be in the critical mess they are in now. Finally, and also linked to the Daily title –as even the ECB agrees with me!– military reports are that a Ukrainian Kherson counter-offensive has begun. Market participants who have read any history will know that watching the success or failure on that key front will likely also be key to the global geopolitical and inflation outlook longer term. Far more so than most central bank warble, regardless of how much power they like to think they have.

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“.. the move was to “protect the legitimate business rights and interests of the relevant importers and exporters..”

China Is Aggressively Reselling Russian Gas To Europe (ZH)

One month ago, we were surprised to read how, despite a suppressed appetite for energy amid its housing crash and economic downturn (for which “zero covid” has emerged as a convenient scapegoat for emperor Xi), China has been soaking up more Russian natural gas so far this year, while imports from most other sources declined. In July, the SCMP reported that according to Chinese customs data, in the first six months of the year, China bought a total of 2.35 million tonnes of liquefied natural gas (LNG) – valued at US$2.16 billion. The import volume increased by 28.7% year on year, with the value surging by 182%. It meant Russia has surpassed Indonesia and the United States to become China’s fourth-largest supplier of LNG so far this year!

This, of course, is not to be confused with pipeline gas, where Russian producer Gazprom recently announced that its daily supplies to China via the Power of Siberia pipeline had reached a new all-time high (Russia is China’s second-largest pipeline natural gas supplier after Turkmenistan), and earlier revealed that the supply of Russian pipeline gas to China had increased by 63.4% in the first half of 2022. What was behind this bizarre surge in Russian LNG imports, analysts speculated? After all, while China imports over half of the natural gas it consumes, with around two-thirds in the form of LNG, demand this year had fallen sharply amid economic headwinds and widespread shutdowns. In other words, why the surge in Russian LNG when i) domestic demand is just not there and ii) at the expense of everyone else?

“The increase in Russian LNG could be a displacement of cargoes going to Japan or South Korea because of sanctions, or weaker demand there,” said Michal Meidan, director of the China Energy Programme at the Oxford Institute for Energy Studies. One thing that was clear: China wanted to keep its arms-length gas dealing with Russia as unclear as possible, which is why the General Administration of Customs of China stopped publicizing the breakdown in trade volume for pipeline natural gas since the beginning of the year, with spokesman Li Kuiwen confirming that the move was to “protect the legitimate business rights and interests of the relevant importers and exporters”.

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Bet on it.

Poland Warns Of EU ‘Implosion’ Over Ukraine Conflict (RT)

A burgeoning divide within the EU on the Ukraine conflict could implode the bloc, Polish Prime Minister Mateusz Morawiecki told French media on Monday. This is because certain member states would prefer to seek peace rather than sticking with Kiev until it prevails in its fight against Russia, the Polish leader said. Speaking to Le Figaro newspaper, Morawiecki indicated that Russia would endeavor to persuade the West to end the hostilities in Ukraine and get back to “business as usual,” taking advantage of divisions among EU members on the matter. “So yes, a threat of implosion exists. That is why it is so important to maintain a dialogue between us, to find compromises and a common denominator,” he said.

On Monday, Morawiecki met with French President Emmanuel Macron. According to the Polish prime minister, the two discussed the Ukraine conflict, how to “force Russian troops to withdraw,” as well as the EU’s economic woes. The Polish leader said he and Macron share a common vision for strengthening the bloc’s military capabilities. However, Morawiecki admitted that he and the French leader have a number of differences over Ukraine, saying that while they both believe that European unity should be defended, Macron would do better to talk less to Russian President Vladimir Putin and more to Ukrainian leader Vladimir Zelensky. “My view is that Zelensky deserves all the French support, because he is fighting for the most important European values, for freedom, justice, sovereignty. He should be the main recipient of phone calls from the Elysee Palace,” Morawiecki noted.

He also said that if Poland held the rotating EU presidency, it would push for the seizing of Russian assets, which are now just frozen, because “this type of sanctions could really threaten Russia.” Morawiecki’s comments come after the EU’s foreign policy chief, Josep Borrell, admitted on Sunday that the bloc would encounter “major challenges” due to the anti-Russian sanctions that it slapped on Moscow over the Ukraine conflict. Meanwhile, Politico reported on Monday that Germany and France had spoken against a full visa ban on Russian nationals, which has apparently frustrated some Russia hawks in the EU, who are calling for a stronger pushback against Moscow.

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Of course in an energy crisis, you shut down your biggest nuclear plant.

US Urges Shutdown Of Nuclear Plant Slated For IAEA Inspection (RT)

Senior US officials have urged a full shutdown of Ukraine’s Zaporozhye nuclear power plant, which is under Russian control. A “controlled shutdown” of the facility “would be the safest and least risky option in the near-term,” White House National Security Council spokesperson John Kirby told journalists on Monday. The same call came from an unnamed senior US defense official, who briefed journalists the same day. The power plant and the city of Energodar that hosts it have been under Russian control since March, though Ukrainian civilian workers continue to operate the facility. For several weeks now, the site has been under constant artillery and drone attacks. Russia and Ukraine have accused each other of being behind the strikes.

Kiev has also claimed that Russian forces have used the Zaporozhye facility as a military base and have deployed heavy weapons there, which Moscow has denied. This week, the International Atomic Energy Agency (IAEA), the UN’s nuclear watchdog, is expected to visit the plant for an on-site inspection. The agency’s delegation will be led by its head, Rafael Grossi, and may arrive at the site as soon as Wednesday. The Soviet-built Zaporozhye nuclear power plant is the largest facility of its kind in Europe. It hosts six of Ukraine’s 15 power-generating reactors, which are spread across four plants. The facility reached its full capacity of over 6,000 MW for the first time in December 2021, when all of its VVER-1000 units became operational at the same time.

At the moment, only reactors five and six remain online. Despite hostilities between Russia and Ukraine, the Zaporozhye plant supplies power to parts of Ukraine controlled by both sides, according to the head of the Russia-allied administration of Zaporozhye Region, Vladimir Rogov. The Russian military suggested in mid-March that shutting down the reactors could become necessary due to Ukrainian attacks on the plant. Such a proposal was voiced by Lt. Gen. Igor Kirillov, who heads the unit of the Russian armed forces trained in dealing with the consequences of the use of weapons of mass destruction, including radiation contamination.

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Surprise: Zelensky says it’s the Russians.

Ukraine Targets Possible IAEA Route To Zaporozhye – Local Official (RT)

Ukrainian forces are shelling a potential route of the International Atomic Energy Agency (IAEA) mission, which is set to examine the Zaporozhye Nuclear Power Plant this week, local authorities claimed on Tuesday. Zaporozhye Region council member Vladimir Rogov told RIA Novosti that “Ukrainian nationalists are targeting locations that could be visited by the IAEA mission in Energodar,” where the plant is located. He added that “[Ukrainian President Vladimir] Zelensky’s regime also started a military operation in the south of the country,” which raises concerns for the safety of the IAEA mission. Rogov also said Kiev’s forces have shelled the NPP’s resort house that could accommodate the IAEA delegation.

On Monday, IAEA chief Rafael Grossi announced that an expert group would visit the NPP this week to assess the damage sustained by the plant and check the safety and security systems. Zaporozhye Nuclear Power Plant has been under Russian control since March. Moscow has repeatedly accused Ukrainian forces of attacking the plant, while warning that the shelling could trigger a disaster that would eclipse the Chernobyl incident. Kiev insists, however, that Russian forces are shelling the site while stationing military hardware there. On Sunday night, Ukrainian forces shelled Energodar, the city where the plant is located, local officials said.

They claimed that the attack, which injured nine people and deliberately hit a number of residential houses, was meant to torpedo the upcoming IAEA mission. “This provocation by Kiev-controlled militants is aimed at derailing the visit of the IAEA chief to the Zaporozhye NPP,” they said at the time. Also on Monday, the Russian Defense Ministry claimed that Kiev’s forces attempted a counter-offensive in Kherson in southern Ukraine, but “failed miserably.” The ministry went on to say that the Ukrainian army had attempted to attack in three directions, but made no gains and suffered “great losses,” which included dozens of tanks and armored fighting vehicles.

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“Russia may recover a lot sooner than Europe.”

EU Has No Alternative To Russian Energy – ex Saudi Aramco VP (RT)

There’s not enough capacity in the world to replace Russia’s gas supply to the European Union, while Moscow has plenty of markets to sell its energy to, the former executive vice president at Saudi Aramco, Sadad Al-Husseini, told CNBC on Monday. “The US doesn’t have the LNG capacity to replace Russia’s exports to Europe,” he said, noting that power bills across the EU are set to soar this winter. According to Al-Husseini, that could lead to serious problems on the global energy market. “This situation is a new world, and it’s not a very good one for energy,” he warned. “In any case, there isn’t enough LNG capacity in the world to make up for the Russian exports to Europe,” the former executive said, adding that, “It will take years for the EU to find resources to replace Russian supply.”


As regards to Moscow losing EU buyers, he noted that, despite Western sanctions, there are “plenty of alternative markets” for Russian energy, including China, Japan, or India. Meanwhile, Europe does not have alternative energy sources, he said, “while the US is maxed out already, North Africa has got problems,” and OPEC is also running out of spare capacity. “So, it’s a global problem,” he said. The official suggested that, while the Russian economy may suffer under Western sanctions, the rest of the world will be suffering with them. However, he stressed that “Russia may recover a lot sooner than Europe.”

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@imetatronink:
“• 48 tanks
• 83 armored vehicles
• ~1200 soldiers
A massacre.
This will be the final AFU “offensive” of the war.”

Surprise: Zelensky says it’s a big success.

Promised “Major Ukrainian Counter-attack” Ends In Disaster (Saker)

(machine translation) The Defense Ministry called the losses of the Ukrainian Armed Forces during the failed offensive of Ukraine near Kherson Ukrainian troops attempted an offensive in the Mykolaiv and Kherson regions, as a result, the AFU units suffered heavy losses, the Russian Defense Ministry told reporters. “Today, during the day, on the direct instructions of Zelensky, Ukrainian troops attempted an offensive in the Mykolaiv and Kherson regions in three directions. As a result of the active defense of the grouping of Russian troops, the AFU units suffered heavy losses,” TASS reports. The ministry added that “the enemy’s losses in manpower amounted to more than 560 servicemen, another attempt at offensive actions of the enemy failed miserably.”

According to the Defense Ministry, the Russian Armed Forces destroyed 26 Ukrainian tanks, 23 infantry fighting vehicles, nine other armored combat vehicles, shot down two Su-25 attack aircraft. Earlier on Monday, Deputy head of the administration of the Kherson region Kirill Stremousov said: the AFU has been shelling several settlements of the Kherson region since Sunday evening. Schools, social infrastructure were destroyed, residential buildings were damaged, the official confirmed. But there is no question of any APU offensive on Kherson, statements in the Ukrainian media – “this is some kind of illusion, a movie,” Stremousov pointed out.

As the head of the Kakhovsky district, Vladimir Leontiev, in turn, reported, the AFU inflicted more than 10 missile strikes on Novaya Kakhovka, including residential buildings and schools. Some strikes were carried out from HIMARS, residential buildings and a school were damaged, the head of the district said. Aviation, missile troops and artillery hit nine control points of the Armed Forces of Ukraine during the day, including on the territory of the Mykolaiv region, the official representative of the Russian Defense Ministry, Lieutenant General Igor Konashenkov, said on Monday.

‘Now is the time for Russian soldiers to flee’: Zelensky

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“Day and night, the drums of war never stop beating.”

Ukraine & the Politics of Permanent War (Chris Hedges)

No one, including the most bullish supporters of Ukraine, expect the nation’s war with Russia to end soon. The fighting has been reduced to artillery duels across hundreds of miles of front lines and creeping advances and retreats. Ukraine, like Afghanistan, will bleed for a very long time. This is by design. On Aug. 24, the Biden administration announced yet another massive military aid package to Ukraine worth nearly $3 billion. It will take months, and in some cases years, for this military equipment to reach Ukraine. In another sign that Washington assumes the conflict will be a long war of attrition it will give a name to the U.S. military assistance mission in Ukraine and make it a separate command overseen by a two- or three-star general.

Since August 2021, Biden has approved more than $8 billion in weapons transfers from existing stockpiles, known as drawdowns, to be shipped to Ukraine, which do not require congressional approval. Including humanitarian assistance, replenishing depleting U.S. weapons stocks and expanding U.S. troop presence in Europe, Congress has approved over $53.6 billion ($13.6 billion in March and a further $40.1 billion in May) since Russia’s Feb. 24 invasion. War takes precedence over the most serious existential threats we face. The proposed budget for the CDC in fiscal year 2023 is $10.675 billion while the proposed budget for the Environmental Protection Agency (EPA) is $11.881 billion. Our approved assistance to Ukraine is more than twice these amounts.

The militarists who have waged permanent war costing trillions of dollars over the past two decades have invested heavily in controlling the public narrative. The enemy, whether Saddam Hussein or Vladimir Putin, is always the epitome of evil, the new Hitler. Those we support are always heroic defenders of liberty and democracy. Anyone who questions the righteousness of the cause is accused of being an agent of a foreign power and a traitor. The mass media cravenly disseminates these binary absurdities in 24-hour news cycles. Its news celebrities and experts, universally drawn from the intelligence community and military, rarely deviate from the approved script. Day and night, the drums of war never stop beating. Its goal: to keep billions of dollars flowing into the hands of the war industry and prevent the public from asking inconvenient questions.

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You put in the sanctions. That backfired. Well, you always know who to blame. Problem is, when people are cold and dark, they will look at you.

France Accuses Russia Of Using Gas As ‘Weapon Of War’ (RT)

French Energy Minister Agnes Pannier-Runacher on Tuesday accused Moscow of using its gas exports as a weapon after a reduction of Russian supplies to France was reported. “Very clearly Russia is using gas as a weapon of war and we must prepare for the worst case scenario of a complete interruption of supplies,” the minister told France Inter radio. EU governments are trying to fill up gas storages to avoid shortages during the fast-approaching heating season, and any supply shortfalls from Russia, which is still a large source of gas for the bloc, are met with increased worry.


Earlier on Tuesday, Le Figaro reported that, according to a press release from French energy supplier Engie, Russia’s Gazprom has cut gas supplies because of an unspecified contractual dispute. Furthermore, the Russian energy major is slated to halt supplies to the EU via the Nord Stream 1 gas pipeline due to maintenance from Wednesday to Friday. French Prime Minister Elisabeth Borne on Monday warned domestic companies that they would be the first to face energy rationing in the event of shortages of natural gas or electricity, and called on them to draft energy saving plans by September.

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Look at the future.

The SCO: Half The World’s Population To Forge The New World Order (Trenin)

Over 20 years after it began as an attempt at cooperation between five-Russian led post-Soviet states and an emerging China, the Shanghai Cooperation Organization (SCO) has become a major global institution, representing close to half of the world’s population. From September 15-16, Samarkand, one of the ancient centers of human civilization, will host the annual summit of the group. The Uzbek presidency’s priorities include strengthening the SCO’s capabilities in assuring regional security and stability; promoting friendship and good-neighborliness; raising its global profile; countering threats in the information and ideological spheres; expanding parliamentary links; energizing economic interaction; enhancing connectivity; intensifying cultural and humanitarian contacts; and raising the general effectiveness of the collective and its mechanisms.

All of this looks impressive, but quite anodyne, and the documents to be formally approved at the summit do not promise any major sensations – beyond the long-expected admission of Iran as the SCO’s ninth member state. Yet the environment in which the Samarkand summit will be held differs greatly even from last year’s gathering in Dushanbe. Russia’s military operation in Ukraine has led to a proxy war between Moscow and Washington. Meanwhile, Sino-US relations, already confrontational, have become palpably strained over the recent visit to Taiwan by US House of Representatives Speaker Nancy Pelosi. sNATO’s new strategic concept adopted last June in Madrid describes Russia as the most significant and direct threat, and China – for the first time – as a challenge to Western interests, security and values. As a result, the international community has moved visibly closer to a Cold War-style division between two camps in an intensifying rivalry over the world order.

That said, the SCO is unlikely to become the non-West’s version of NATO. While the US-led bloc is now more united than ever in its effort to preserve the order built and developed in the heyday of its global dominance, non-Western nations do not display anything similar to that sort of unity, hierarchy, and internal discipline. Russia and China, although they both reject US global hegemony, pursue very different grand strategies and – despite their public declarations of a cooperation that “knows no limits,” and a partnership that is “more than an alliance” – are careful not to damage their other important connections – e.g., China’s with the US and EU; and Russia’s with India – as they cooperate with each other. Moreover, China and India, not to mention the latter and Pakistan, while all members of the SCO, view each other as major security threats.

Despite such diversity and complexity, however, the SCO, at the start of its third decade, is not only still in business, but is steadily getting more active and becoming more attractive to others. In 2001, it started at six; after 2017, the membership expanded to eight, with another 20 countries or so listed as observers, dialogue partners, or in the process of joining. Iran’s accession this year is spurring the interest of Turkey and a number of Arab countries, notably the United Arab Emirates, Saudi Arabia, Egypt, and Qatar. The SCO community could potentially include much of the Eurasian continent between Belarus and Cambodia. Such enlargement carries obvious risks in terms of even wider diversity of interest, conflict, and frictions between the countries that aspire to join. Yet, the example of China and Russia; India and Pakistan finding the SCO useful to their interests is a convincing argument for accession.

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“..how did the FBI know about our story weeks before it was published, maybe even before we were told about the laptop by Rudy Giuliani’s lawyer Bob Costello?”

FBI Put The Hunter Biden Story Right In Facebook’s Lap (Devine)

Since our story had nothing to do with Russian disinformation, what made Facebook think it was the “dump” the FBI warned them about? We asked Facebook: “Was there mention made in the FBI briefing of Joe Biden, Hunter Biden, Ukraine or a laptop?” Facebook’s answer was curious. “The FBI shared general warnings about foreign interference — nothing specific about Hunter Biden.” Note the omissions. Whatever was said, the briefing must have been specific enough for Facebook to recognize immediately that our story was exactly what the FBI was warning about and move at record speed to throttle it.

At 11:10 a.m. the morning the story went live, Democratic operative Andy Stone, Facebook’s communications manager, issued a statement on Twitter announcing “we are reducing its distribution on our platform” while the story is “fact checked by Facebook’s third-party fact checking partners.” All morning the bombshell story had been the subject of frenetic commentary from journalists on twitter. But Stone’s announcement killed it stone dead. Twitter followed Facebook’s lead and locked The Post’s account for two weeks. Mission accomplished. Polls show that the outcome of the election may have been different if the story had not been censored.

[..] the question is, how did the FBI know about our story weeks before it was published, maybe even before we were told about the laptop by Rudy Giuliani’s lawyer Bob Costello? Were they spying on John Paul Mac Isaac, the owner of the Delaware Mac repair shop where Hunter had abandoned his laptop in April 2019? Mac Isaac believed he was under surveillance after he first contacted the FBI on October 9, 2019, via his father, to tell them he had the laptop and was concerned about evidence of crimes he believed it contained. The FBI’s response was oddly hostile. sWhat followed was a curious visit to his Delaware home by FBI agents Mike DeMeo and Joshua Wilson of the FBI’s Baltimore office a month later, and again to his store on December 9, this time with a subpoena for Hunter’s water-damaged laptop and a hard drive clone of its contents which Mac Isaac had made.

[..] We don’t know whether Mac Isaac was under FBI surveillance. But we don’t have to speculate about Rudy Giuliani. We know the FBI spied on the former mayor’s cloud for two years from May, 2019, a month after he began working as then president Donald Trump’s personal attorney. A year after raiding Giuliani’s Upper East Side apartment last April, ostensibly over FARA violations, the FBI returned all his devices, without charging him, and told the New York Times he was no longer under investigation. So the FBI had access to all Giuliani’s emails and iMessages for two years. Were they spying on Giuliani in order to spy on Trump? Unfortunately for them, Trump rarely writes emails or texts so they came up empty there. But it is possible that they saw the email to Giuliani from his lawyer Bob Costello at 4.28 p.m. on Aug. 27, 2020, telling him of Mac Isaac’s “amazing discovery.”

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Instrumental in Russiagate, too.

Top FBI Agent Resigns Amid Claims He Shielded Hunter Biden From Probe (NYP)

A top FBI agent at the Washington field office reportedly resigned from his post last week after facing intense scrutiny over allegations he helped shield Hunter Biden from criminal investigations into his laptop and business dealings. Timothy Thibault, an FBI assistant special agent in charge, was allegedly forced out after he was accused of political bias in his handling of probes involving President Biden’s son, sources told the Washington Times on Monday. The agent was escorted out of the field office by at least two “headquarters-looking types” last Friday, the sources said. Thibault, a 25-year-veteran, had already been on leave for a month after the top Republican on the Senate Judiciary Committee, Chuck Grassley (R-Iowa), started raising concerns about whistleblower claims the FBI had obstructed its own investigations into the first son.

In a letter to FBI Director Christopher Wray in July, Grassley said Thibault and FBI supervisory intelligence analyst Brian Auten were allegedly involved in “a scheme” to “undermine derogatory information connected to Hunter Biden by falsely suggesting it was disinformation.” Thibault also allegedly tried to kill off a valid avenue of investigation of possible Hunter Biden criminality up until at least one month before the Nov. 2020 election, according to Grassley. “Thibault allegedly ordered the matter closed without providing a valid reason as required by FBI guidelines…. [and] subsequently attempted to improperly mark the matter in FBI systems so that it could not be opened in the future,” Grassley wrote. It was the same month The Post first started reporting on Hunter Biden’s abandoned laptop, which included troves of emails related to his shady overseas business dealings.

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“..we counted 14 different ways of attributing deaths to COVID-19..”

Three Ways the Psychotic Covid Panic Narrative Was Created (DS)

Throughout restrictions which Lord Sumption called a “catastrophe”, we were exposed to the mantra of ‘follow the science’. But unfortunately, the only ‘science’ that seems to have been followed in the major decisions is that of modellers and government departments. Models are akin to opinions. If they are science, the evidence they provide sits on the lowest rung of the ladder. Modellers are accountable to no one; most have never seen a patient in their lives as they have no clinical background, which impedes their understanding of how people behave. Individuals are not herds of buffalos. Some modellers have a consistent track record of getting their predictions dramatically wrong with (again) catastrophic consequences.

Since the start, we have looked at the evidence underpinning the fear-generating narrative pushed by the Government, some politicians, the media and many Twitterati, who overnight forgot the principles of scientific investigation, equipoise or uncertainty and the work of many pioneers in respiratory virus epidemiology spanning a century. The psychotic narrative rests on three legs of what we call the Covid narrative stool. The first leg is the number of cases. We have shown that misuse of polymerase chain reaction (PCR) based on a superficial understanding amplified the number of ‘cases’ as many of these were not likely to be infectious at all. The second leg was the hospital pressure theme. Here using data which should have been available (but are not), we have shown that up to 40% of hospital cases were infected while in hospital, a phenomenon which shows no sign of abating. The data from three devolved nations and our interpretation have been serialised on our website.

Finally deaths. A death in epidemiology is the one inevitable outcome you can observe and tally. The question is: what caused it? This is called attribution. Looking at the data from freedom of information requests made by an alert public and the response at times by patronising authorities, we counted 14 different ways of attributing deaths to COVID-19. The first prize for the most bizarre was the Care Quality Commission’s: it left it to the care provider to decide the cause of death. So it is possible that administrators decided what role SARS-CoV-2 played in your grandmother’s death. In one health authority’s case, deaths of people who tested ‘negative’ were rolled into the Covid total.

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“..even if he was “only right five percent of the time,” it still means “we were lied to five percent of the time.”

Fauci’s Presence Is No Longer Politically Sustainable (CHD)

While Dr. Anthony Fauci claims he’s stepping down to “pursue the next chapter” of his career, an attorney who has been pursuing legal accountability for Fauci’s actions believes it’s because “his presence is no longer politically sustainable.” Fauci announced on Aug. 22 that he is stepping down from his positions as director of the National Institute of Allergy and Infectious Diseases, chief of the National Institute of Allergy and Infectious Diseases Laboratory of Immunoregulation and as chief medical adviser to U.S. President Joe Biden. “The huge pop we are all hearing is the global opening of champagne bottles celebrating Fauci’s departure,” attorney Thomas Renz told The Epoch Times.

Renz is the lead attorney in several major cases brought against the CDC, the Department of Health and Human Services, the Department of Defense, the Biden administration and Fauci himself; regarding forced vaccine mandates, the COVID-19 lockdowns, mask mandates, business closures, alleged hospital negligence, vaccine injuries to military personnel and civilians and efforts to censor the truth about COVID-19. While his assertions have been dismissed as “false,” “rich in conspiracy theory” and “based on faulty data due to a database glitch,” Renz responded to critics that even if he was “only right five percent of the time,” it still means “we were lied to five percent of the time.”

According to Renz, the whole COVID-19 playbook used by the government and the liberal media to force compliance of restrictive protocols is filled with inaccuracies and inconsistencies. While Fauci demanded the use of masks and social distancing because these measures were supposed to prevent the spread of the virus, numerous studies and scientists say otherwise. The CDC admitted in August 2020 that “sustaining social distancing interventions over several months might not be feasible economically and socially.” Fauci himself has flip-flopped numerous times on the effectiveness of wearing masks. Democrat politicians who imposed mask mandates, lockdowns, quarantines and rules barring indoor personal-care services were frequently caught doing precisely what they forbade others to do.

UK Funeral Director John O’Looney

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The very first Calvin and Hobbes.

 

 

Biden WMD

 

 

 

 

Tucker Carlson – This isn’t bad policy; this is nuts

 

 

Kagu

 

 

Flying fox young bats ride clinging to their mother’s breast with their mouth, even though some young are two-thirds the weight of their mothers & quite capable of flying on their own. Photo: Hemant Kumar.

 

 

Support the Automatic Earth in virustime with Paypal, Bitcoin and Patreon.

 

 

 

Aug 012022
 
 August 1, 2022  Posted by at 8:26 am Finance Tagged with: , , , , , , , , ,  59 Responses »


Pablo Picasso Massacre in Korea 1951

 

World Re-entering The Coal Age – IEA (RT)
NATO Force On Alert Amid Kosovo Tensions (RT)
Russia Warns Kosovo Against Conflict (RT)
Hungary’s Orban Expects Gas Deal With Russia This Summer (R.)
JPMorgan Says Russia Has Had Little Problem Rerouting Its Oil Exports (BI)
The New Economic World Map (Salamah)
A Community of Common Destiny? (Voiret)
Going to Samarkand (Escobar)
The Myth of the HIMARS ‘Game Changer’ (Scott Ritter)
Severing Ties With Russia Is ‘Absurd And Dangerous’ – German Official (RT)
Ottawa’s Fertilizer Reduction Target Is ‘Pulled Out Of The Air’ (TNC)
Pfizer Posts Record Profits On Taxpayer-funded, Liability-free Products (Sch.)

 

 

 

 

 

 

A stable future
https://twitter.com/i/status/1544708488613531649

 

 

 

 

Trump vs Great Reset

 

 

 

 

You’d almost think the whole Russia conflict was set up by the nuclear lobby.

World Re-entering The Coal Age – IEA (RT)

Global coal demand could reach 8 billion tons in 2022, matching a historic high set in 2013, and further growing in 2023, the International Energy Agency (IEA) said in a coal market update report published on Thursday. “Based on current economic and market trends, global coal consumption is forecast to rise by 0.7% in 2022 to 8 billion tons, assuming the Chinese economy recovers as expected in the second half of the year… This global total would match the annual record set in 2013, and coal demand is likely to increase further next year to a new all-time high,” the report states. According to the agency, demand is being driven up by rising natural gas prices, forcing many countries to increasingly switch from gas to coal and reopen previously closed coal-fired power plants.

The report states that China, which is “responsible for more than half of global coal consumption,” will be the main driver for the growth in demand in the second half of 2022, despite seeing demand drop by 3% in the first half of the year. Demand for coal in India is also expected to rise due to the country’s economic growth and more widespread use of electricity. The EU is also forecast to contribute to demand, as it is increasingly turning to coal in electricity production to replace gas or save it for the winter due to the decline in Russian gas imports. The IEA adds that the coal markets will remain volatile in 2023, especially after the EU coal embargo comes into effect, and prices may continue to grow well into next year.

“As soaring natural gas prices have made coal more competitive in many markets, international coal prices have risen in turn, hitting three all-time peaks between October 2021 and May 2022. Sanctions and bans on Russian coal have disrupted markets, and issues in other major exporters have contributed to supply shortages. With other coal producers facing constraints in replacing Russian output, prices on coal futures markets indicate that tight market conditions are expected to continue well into next year and beyond,” the IEA states.

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NATO appears to be looking for a new theater to fight Russia in. Back to the Balkans, they haven’t done enough damage there. Look who was in Kosovo a few days ago. Coincidence not.

NATO Force On Alert Amid Kosovo Tensions (RT)

The NATO-led Kosovo Force (KFOR) peacekeepers were spotted late on Saturday in the city of Kosovska Mitrovica, located in the north of Serbia’s breakaway region of Kosovo. The force, apparently Italian carabinieri units, were spotted guarding a bridge across the Ibar river, footage from the scene circulated by local media shows. The bridge splits the city into the northern Serb-populated part, and the southern one, inhabited predominantly by ethnic Albanians.KFOR, the NATO-led peacekeeping mission, said in a statement on Sunday evening that it was “prepared to intervene if stability is jeopardized.” The KFOR has been reportedly placed on high alert, with a large military convoy of some 30-40 vehicles spotted heading towards the frontier between the breakaway region and the rest of Serbia. Kosovo special police has been spotted actively moving its equipment and personnel as well.

KFOR said it would “take whatever measures are necessary to keep a safe and secure environment in Kosovo at all times, in line with its UN mandate.” Ethnic Serbs have reportedly set up barricades on several roads in Kosovska Mitrovica and its vicinity. At least one Serb has been reportedly beaten up by Kosovo police units as he tried to get through the barricades. The injured man reportedly ended up hospitalized. The tensions come as the ethnic Albanian government of the breakaway region moved forward with its controversial plan to ban Serb license plates and identification documents. Kosovo prime minister Albin Kurti claimed the move was about equal justice and law in all the territories his government claims.

Serbian President Aleksandar Vucic accused Kosovo authorities of seeking to “impose on the people in northern Kosovo-Metohija things they have no right to impose,” warning that Belgrade will not stand by idly. “The atmosphere has been heated up, and the Serbs will not suffer any more atrocities,” Vucic said. Earlier, Serbian president alleged the controversial registration plan was a part of an effort to force the remaining ethnic Serbs out of Kosovo. Caroline Ziadeh, head of the UN mission in the province UNMIK, urged both sides “to address issues in good faith through the EU-facilitated dialogue, to strengthen stability and security for all.”

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Kosovo’s plans appear to have been put on hold for now.

Russia Warns Kosovo Against Conflict (RT)

The government in Pristina and its backers in Brussels and Washington should stop their provocations and respect the rights of ethnic Serbs in Kosovo, Russian Foreign Ministry spokeswoman Maria Zakharova said on Sunday. Serbian troops were put on high alert and local residents in the north of the breakaway province erected barricades, as ethnic Albanian police prepared for a crackdown. Air raid sirens and church bells went off across northern Kosovo on Sunday, after prime minister Albin Kurti announced a police operation to ban Serb license plates and identification documents. Kurti claimed this was about equal justice and law in all the territories his government claims.

Pristina’s decision is unreasonable and discriminatory, and their forced replacement of personal documents is “another step towards the expulsion of the Serb population from Kosovo, as well as the Kosovo Serb institutions that ensure the protection of the rights of Serbian residents from the arbitrary whims of radicals in Pristina,” Zakharova said. Kurti is “deliberately escalating” in order to launch an armed crackdown, not just against the Serbs in Kosovo but against Belgrade, which the West wants to “neutralize” using the ethnic Albanians as proxies, added Zakharova. Russia calls on “Pristina and the US and EU behind it to stop provocations and respect the rights of Serbs in Kosovo,” the Foreign Ministry spokeswoman said.

Earlier in the day, Serbian President Aleksandar Vucic said his country had “never been in a more complex and difficult situation” and that the Pristina authorities are trying to exploit the current situation in the world to initiate a conflict while painting itself as a victim. No Serbian troops have crossed the administrative line into Kosovo yet, the Defense Ministry in Belgrade said, describing such rumors circulating on social media as “disinformation” on behalf of Pristina. Local Serb residents erected barricades at three checkpoints along the administrative line, where police answering to Kurti were deployed to stop all vehicles with Serbian plates or documents. There were unconfirmed reports of gunfire and injuries among the civilians.

Kosovo was occupied by NATO in 1999, after a 78-day air war against Yugoslavia. The ethnic Albanian government in Pristina declared independence in 2008, with US backing, but has not been recognized by Serbia, Russia, China or the UN.

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Can Brussels “allow” this?

Hungary’s Orban Expects Gas Deal With Russia This Summer (R.)

Hungary expects to sign a deal with Russia on additional gas shipments of 700 million cubic metres by the end of summer, Prime Minister Viktor Orban told state radio on Friday. The two countries have been in talks for further supplies on top of an existing long-term supply pact. read more “Hungary will have enough gas,” Orban said. “We are negotiating with the Russians to buy an additional 700 million cubic metres of gas, this deal can be signed during the summer, and then we will be safe,” he added. According to data from Gas Infrastructure Europe, Hungary’s gas storages are about 50% full now, covering 29% of its annual consumption.


European Union member Hungary has maintained what it calls pragmatic relations with Moscow since Russia’s invasion of Ukraine, creating tensions with some EU allies keen to take a tougher line. Hungary, which is about 85% dependent on Russian gas, firmly opposes the idea of EU sanctions on Russian gas imports. Under a 15-year deal with Russia’s Gazprom signed last year, Hungary receives 3.5 billion cubic metres (bcm) of gas per year via Bulgaria and Serbia, and a further 1 bcm via a pipeline from Austria.

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“Russia’s exports adjusted towards other buyers without a serious disruption to its production.”

JPMorgan Says Russia Has Had Little Problem Rerouting Its Oil Exports (BI)

Russia has been able to reroute its oil exports away from Europe without serious disruptions, JPMorgan has said, adding that the expected drop in output “never happened.” Better-than-expected Russian production, along with the release of oil from global strategic reserves, helps explain the recent drop in crude prices, the bank’s head of commodities research Natasha Kaneva said in a note to clients. Russia’s oil exports to Europe — its biggest market — have fallen relatively sharply in 2022, as companies have “self-sanctioned” in the wake of Vladimir Putin’s invasion of Ukraine in late February. However, Russia has been able to shift its exports towards Asia, with India and China in particular stepping up their purchases.

More recently, a jump in domestic demand has caused Russian oil production to rise back to prewar levels. “The market consensus was too pessimistic about Russia’s capability to re-route volumes to other buyers,” Kaneva and her colleagues said in the note Wednesday. “Russia’s exports adjusted towards other buyers without a serious disruption to its production.” “At its peak, the oil market was pricing in the worst-case scenario — a 3 million barrel a day loss of Russian production combined with record-high summer demand — while, in reality, it never happened.” JPMorgan expects Russia production to produce 9.95 million barrels a day of oil in the third quarter, above the 9.76 million barrels a day produced in the same quarter a year earlier.

It thinks production will slip to 9.5 million barrels a day in 2023, staying relatively strong despite the European Union’s ban on most oil imports from the country. Oil prices have fallen in recent weeks, with global supply stronger than expected and demand likely to weaken in the coming months as the world economy slows. WTI crude, the US benchmark price, was down around 10% over the last month to trade at $98 a barrel Friday.

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“…most of the ‘exploitable’ world has been dominated and what remains is Russia and China, plus a few stubborn or poor nations here and there.”

The New Economic World Map (Salamah)

Throughout history, all empires and belligerent nations expanded for economic gain. More land to farm and exploit, wealth and resources to loot, and more people to subjugate and tax or enslave. This goes back to ancient Mesopotamia, passing through the Persian, Greek, Roman empires, and all the way to European colonialism in the past 500 years. Today, it remains the same although it has been disguised to appear docile and friendly, but, make no mistake, it is colonialism – economic neo-colonialism! The shills, however, will present it as development aid, economic assistance, modernization, democracy, human rights, modern values, and may even, masquerade it as improving the ‘Happiness Index’ of the colonized nations.

As such, most of the ‘exploitable’ world has been dominated and what remains is Russia and China, plus a few stubborn or poor nations here and there. Russia is simply too vast and rich not to be lustily desired and has been a target for centuries via direct belligerence or, more softly, via geopolitical ploys. To publicly temper this lust, pseudo-intellectual doctrines have been utilized to justify it; among which is the century-old Mackinder Theory of the ‘Heartland of the World’, which states that whoever controls Russia and its environs, controls the world. As for China, its unexpected spectacular rapid growth to the pinnacle of economic success now necessitates clipping its wings to bring it back into the obedient fold. None of the dominated nations were, or are, happy with their predicaments. Despite that, they are unable to shake off the yoke of neo-colonialism.

They are too weak, deep in unpayable sovereign and non-sovereign debt, threatened by sanctions that cut off their livelihood, and if all fails, there are the heavy-handed tools of regime change with their accompanying bloody civil wars and/or direct invasion and bombardment by their masters. During the previous cold war, when there were only two superpowers, proverbially at each other’s throats, most of the smaller and weaker countries tried to walk a very dangerous tightrope. They tried to maintain semi-neutrality and keep an equal distance from both superpowers. But that was extremely difficult, the hegemons’ carrot and stick’ tactics were too hard to resist when dangled, or very painful when the whip was unleashed. Instead, some discovered that they could join forces, not to fight their oppressors, but just to resist being pulled into their eddies.

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“The only solution to solve these problems and solve the dryness nuisance of the Mediterranean Basin would be the re-greening of the Sahara desert.”

A Community of Common Destiny? (Voiret)

In the Summer months, the north-east trade wind is getting weaker in the Atlantic Ocean, and humid air volumes are brought over the Sahel zone towards North from the West African monsoon zone. This takes place in July and early August, when around 100 to 200 mm precipitations makes savanna grass grow in the Sahel. In our days, however, it seems that going further north, these huge volumes of humid air rise higher than before in the atmosphere of the desert. In this way, the rain-containing air masses reach altitudes like thirty thousand feet above sea level – higher than in earlier years, because the heat emitted by the Sahara seems to be growing: As the humid air masses reach the first sand dunes of the desert, the huge heat reflection by the dunes send them higher and higher.

Every pilot flying north from Bamako or Niamey can confirm that: as soon as he reaches the desert, his plane is lifted higher by the air masses even if he, the pilot, does’nt pull his controls! After the humid clouds rise so high in the air over the desert, it is obvious that no rain comes downs on North Africa and on the Mediterranean basin in the summer months – hence the dryness and the forest fires. The rain comes down when the clouds get cooler after reaching more northern latitudes, after having passed the Alpes. Thus for example the “tropical” rain that came down on the Ahr-valley in Germany in the summer 2021. The only solution to solve these problems and solve the dryness nuisance of the Mediterranean Basin would be the re-greening of the Sahara desert.

Now, around 5000 years ago, the Sahara desert was indeed green! The scientific study of the Sahara desert has shown that this part of the world has been alternatively infertile, or green with vegetation: in the course of Earth history, the Sahara desert has seen 230 periods of vegetation growth alternating with dry climate phases! In the middle of the Holocene climate phase, around 6000 years ago, the Sahara actually had cattle breeding and cultivation. Rock engravings existing in the Hoggar and the Tibesti regions of the Sahara show that. These pictures also show gazelle herds and vegetation. The current dry climate phase began 3500 to 4000 years before Christ. But from those times, huge water reserves still exist underground, the so called “aquifers”. Some aquifers are salty, but most of them are sweet water.

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“UN Secretary General A. Guterres has committed to removing these barriers to addressing the global food crisis. Let’s see.”

Going to Samarkand (Escobar)

The meeting of the SCO Ministerial Council in Tashkent this past Friday involved some very serious business. That was the key preparatory reunion previous to the SCO summit in mid-September in fabled Samarkand, where the SCO will release a much-awaited “Declaration of Samarkand”. [..] it was in the Q@A session that Lavrov for all practical purposes detailed all the major trends in the current, incandescent state of international relations. These are the key takeaways.

How comfortable are you with the US dollar?

Africa: “We agreed that we will submit to the leaders for consideration proposals on specific actions to switch to settlements in national currencies. I think that everyone will now think about it. Africa already has a similar experience: common currencies in some sub-regional structures, which, nevertheless, by and large, are pegged to Western ones. From 2023, a continental free trade zone will start functioning on the African continent. A logical step would be to reinforce it with currency agreements.”

Belarus – and many others – eager to join the SCO: “There is a broad consensus on the Belarusian candidacy (…) I felt it today. There are a number of contenders for the status of observer, dialogue partner. Some Arab countries show such interest, as do Armenia, Azerbaijan and a number of Asian states.”

Grain diplomacy: “In regard to the issue of Russian grain, it was the American sanctions that did not allow the full implementation of the signed contracts due to the restrictions imposed: Russian ships are prohibited from entering a number of ports, there is a ban on foreign ships entering Russian ports to pick up export cargo, and insurance rates have gone up (…) Financial chains are also interrupted by illegitimate US and EU sanctions. In particular, Rosselkhozbank, through which all the main settlements for food exports pass, was one of the first to be included in the sanctions list. UN Secretary General A. Guterres has committed to removing these barriers to addressing the global food crisis. Let’s see.”

Taiwan: “We do not discuss this with our Chinese colleague. Russia’s position on having only one China remains unchanged. The United States periodically confirms the same line in words, but in practice their ‘deeds’ do not always coincide with words. We have no problem upholding the principle of Chinese sovereignty.”

Should the SCO abandon the US dollar? “Each SCO country must decide for itself how comfortable it feels to rely on the dollar, taking into account the absolute unreliability of this currency for possible abuses. The Americans have used this more than once in relation to a number of states.”

Why the SCO matters: “There are no leaders and followers in the SCO. There are no situations in the organization like in NATO, when the US and its closest allies impose one line or another on all other members of the alliance. In the Shanghai Cooperation Organization, the situation that we are currently seeing in the EU does not arise: sovereign countries are literally being ‘knocked out’, demanding that they either stop buying gas or reduce its consumption in violation of national plans and interests.”

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“At the end of the day, HIMARS – and other so-called “advanced Western weapons” – is but a tool wielded by the same actor who has been systematically defeated by the Russian military.”

The Myth of the HIMARS ‘Game Changer’ (Scott Ritter)

According to the Institute of War, a US-based think tank, “Ukrainian forces are increasingly targeting Russian military infrastructure with indirect fire and US-provided HIMARS systems deep in occupied territory.” It concludes that “the increased ability of Ukrainian forces to target critical Russian military facilities with Western-provided HIMARS demonstrates how Western military aid provides Ukraine with new and necessary military capabilities.” The Kyiv Independent, a Western state-funded propaganda outlet, reported that “by July 7, Russia had lost most of its key ammunition depots, and many of its smaller depots in occupied Donbas. Notably, many key targets as much as 50-80 kilometers into Russian-controlled territory have been successfully destroyed.”

Max Boot, a Moscow-born military analyst who writes for the Washington Post, was so impressed with the performance of HIMARS that he wrote an op-ed in which he confidently announced “To shorten the War, send 60 HIMARS to Ukraine.” I mean, if eight HIMARS have brought the vaunted Russan war machine to its knees, imagine what could happen if Ukraine had 60? Wait, there is an answer to that question. In a recent interview with the Sunday Times, Reznikov revealed that Zelensky “had ordered Ukraine’s military to retake occupied coastal areas which are vital to the country’s economy.” Ukraine, it seems, is winning the war against Russia. Except, of course, it is not. Not even close. The notion that the HIMARS is a “super weapon” capable of turning the battlefield narrative in eastern Ukraine on its head is, simply put, pure nonsense.

Russia has, over the course of the past three months, perfected the art of war when it comes to defeating the Ukrainian military. John Boyd, the famous American fighter-pilot-turned-military theorist, coined a concept, known as the “OODA-Loop” (Observe, Orient, Decide, Act) which represented the phases involved in military operations. The side that could master the OODA-Loop more efficiently than its opponent would “get inside their decision-making cycle,” forcing the enemy to operate in a purely reactive mode, enabling the superior party to achieve victory. Russia has got “inside the decision-making cycle” of every one of itsopponents during the military operation in Ukraine, dominating the conflict economically, politically, and militarily. HIMARS does not change this reality.

The Russian military, like any successful military organization, is highly adaptive – it must be, to survive on the modern battlefield. The conflict in Ukraine is unlike any experienced in modern times, requiring Russian military leaders to adapt operational theory as defined by doctrine to the demanding realities of the eastern Ukrainian front. The fact that approximately 200,000 Russian forces can impose their will on over 700,000 Ukrainian defenders while achieving casualty ratios that are decisively in their favor speaks to the reality of their OODA-Loop dominance. At the end of the day, HIMARS – and other so-called “advanced Western weapons” – is but a tool wielded by the same actor who has been systematically defeated by the Russian military. This will not change, whether Ukraine employs four, eight, 12… or even 60 HIMARS systems.

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“If we realize that we cannot for now give up on Russian gas, then it is bitter but it is the reality, and we must act accordingly..”

Forced cold showers for everyone will not be accepted.

Severing Ties With Russia Is ‘Absurd And Dangerous’ – German Official (RT)

Isolating Russia and ending economic cooperation with Moscow is dangerous for Germany, Prime Minister of Saxony Michael Kretschmer told Die Zeit newspaper this week, reiterating his call for a diplomatic solution to the conflict in Ukraine.“I think the idea of isolating Russia permanently or never again cooperating economically is absurd and dangerous… A Russia that is oriented towards China and has no ties to Europe is much more dangerous for us,” Kretschmer told the news outlet. The official said he was concerned with the impact of the sanctions on Russia on the German economy and energy security. He called for “pragmatism” in relations with Moscow and for the EU to facilitate peace talks and a “freeze” of the conflict in Ukraine, adding that a ceasefire would not only end the deaths, but “create an opportunity for the supply of raw materials,” most notably fossil fuels and grains.

Roughly half of German households rely on gas for electricity and heating, and around a third of the energy for German industry comes from gas. Prior to the conflict in Ukraine, up to one half of that gas was supplied by Russia. However, deliveries have dropped in recent weeks due to either technical or political reasons. According to Kretschmer, despite ambitious energy transition plans and political agendas, Germany will need gas supplies from Russia for the next five years at least. “If we realize that we cannot for now give up on Russian gas, then it is bitter but it is the reality, and we must act accordingly,” Kretschmer said, adding that apart from ordinary residents who will not be able to heat their homes in the winter, German industry is at risk if Russian gas supplies are lost.

“Our entire economic system is in danger of collapsing. If we are not careful, Germany could become de-industrialised,” he stated. Last month, Kretschmer said that Germany needs to ensure reliable fuel supplies before slapping Russia with sanctions.

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I’d call it goal-seeked instead.

Ottawa’s Fertilizer Reduction Target Is ‘Pulled Out Of The Air’ (TNC)

Alberta Agriculture Minister Nate Horner says Ottawa’s edict to reduce fertilizer use by 30% seems like a target “pulled out of the air.” The Trudeau government is looking to impose a requirement to reduce nitrous oxide emissions from fertilizers by 30% as part of its overall effort to reduce emissions by 40 to 45% by 2030. The mandate will result in less food production at a time when the world needs increased capacity that Canada could supply, or higher production costs which will ultimately be passed to the consumer, Horner said. “It’s just another issue where we feel that the feds either don’t understand or they don’t completely care about the consequences,” he told True North.

As Ottawa undergoes consultation about its target, Horner said provincial agriculture ministers hoped the reduction was up for discussion. But, he said he was disappointed to learn from his federal counterpart Minister Marie-Claude Bibeau that the 30% target would not be reconsidered. The consultation process will only consider how Ottawa can achieve its objectives, Horner said. “They’re going to consult on the process, but they weren’t going to change their goal.” He said Ottawa doesn’t have a good “baseline” understanding of the work already being done to reduce emissions in the prairies. And “unless you’re going to look at emissions per unit of production, (Ottawa) is not being really upfront about the two different challenges that we face,” he said.

The first challenge is the demand to increase production “in a big way,” and the second is that farming is becoming less financially viable, especially with the ever-increasing carbon tax. All seven United Conservative Party (UCP) leadership candidates have also opposed the edict and promised to fight back, should they be elected Premier in October. In the Netherlands, farmers have been in the streets for weeks protesting strict emission targets. [..] Now, the head of one of Canada’s premier agricultural groups is warning that strict domestic emissions targets could spur a similar reaction from the industry. “But, you know, all I can say is, if you push farmers back right up against the wall where their livelihood is at stake and it’s a direct result of government overreach and non science based policies, then, who knows what could happen?”

Dutch farmer
https://twitter.com/i/status/1553539740271464449

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“Notably, none of Pfizer’s profits come from free market activity.”

Pfizer Posts Record Profits On Taxpayer-funded, Liability-free Products (Sch.)

It’s the most expensive “free” shot of all time. Pfizer’s Q2 earnings numbers parallel that of a top 5 global energy company. Of course, the slight difference here is that energy companies actually provide essential services for human flourishing, while Pfizer provides, well, government-backed snake oil. This quarter, the drug company posted a total revenue of $27.7 billion, up 46.5% from $18.9 billion the same period of last year. Net income is up 78% to $9.9 billion this quarter, from $5.5 billion in Q2 of 2021. While many Americans are struggling to put food on the table, Pfizer’s taxpayer-supplied profits almost doubled year over year. Notably, none of Pfizer’s profits come from free market activity.


More than half of all Pfizer sales, and all of its profits, come from its expired mRNA gene therapy injections and Paxlovid. The outfit has fully transformed into a COVID-19 company. Without COVID Mania, the rest of Pfizer’s product line would see the pharma giant without any income this year. Business is booming for the taxpayer-funded, liability-free drug company. Just last month, the Biden Administration signed a deal with Pfizer that hiked the price of more than 50% extra per dose for Pfizer’s next batch of mRNA shots. It’s a truly stunning outcome for a company that once claimed to have produced the cure for the coronavirus, but has in reality supplied an ineffective gene therapy with a massive side effect profile.

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Thinking about this. What about anteaters etc.? Many reptiles eat insects, and they’re not birds.

 

 

 

 


Huxley in the 1930s

 

 

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